Recall the Application about the British experience with private water companies in the nineteenth century to answer the following question(s).Recall the Application. The British experience with water privatization showed that the distribution of water is:
A. a natural monopoly.
B. best left as a deregulated market.
C. best set up as a trust.
D. a classic example of price fixing.
Answer: A
You might also like to view...
If the GDP price index is 125 and nominal GDP is $130 billion, then real GDP equals ________ billion
A) $104.00 B) $162.50 C) $96 D) $1.04 E) $9.6
Students can rent a Blu-ray movie at Campus Video for $4. As the price of Blu-ray players fall, the
A) quantity supplied of Blu-ray movies will decrease. B) demand for Blu-ray movies will increase. C) supply of Blu-ray movies will decrease. D) quantity demanded of Blu-ray movies will increase.
_____ is a resource whose quality is most often enhanced by technological change
a. Capital b. Land c. Labor d. Entrepreneurship e. Credit
As interest rates drop, households tend to borrow more and businesses tend to borrow less
Indicate whether the statement is true or false