Breaking up a natural monopoly would be
A. inefficient.
B. impossible.
C. illegal.
D. economically efficient.
Answer: A
You might also like to view...
Unemployment compensation is an example of
A) a subsidized service. B) a regressive income program. C) a Social Security benefit. D) an income maintenance program.
Productivity growth tends to affect all industries to the same degree
a. True b. False Indicate whether the statement is true or false
If the U.S. dollar depreciates, it means that
a. the value of the U.S. dollar has increased. b. the value of foreign exchange has decreased. c. fewer U.S. dollars are required to purchase foreign exchange. d. more U.S. dollars are required to purchase foreign exchange. e. exports will immediately fall.
If a country's net exports fall, then its net capital outflow falls by the same amount
a. True b. False Indicate whether the statement is true or false