Generally speaking,monopolies
A) Have great productive efficiency and are always beneficial to society.
B) May be beneficial to society if they are allowed to act like monopolies without government interference.
C) May be beneficial to society if they are natural monopolies and are regulated.
D) Are never beneficial to society.
Correct Answer:
Verified
Q37: A public good
A)Is any good produced by
Q38: In economics,a public good
A)Is any good produced
Q39: Which of the following is an example
Q40: Externalities
A)Occur because of government failure.
B)Are the costs
Q41: A monopoly occurs when
A)A firm gains some
Q43: Which of the following produces external benefits?
A)Garbage
Q44: Antitrust activity addresses
A)Market power.
B)Inequity.
C)Macro instability.
D)Public goods.
Q45: When external costs result from the production
Q46: A natural monopoly is
A)An industry that is
Q47: Market power may result from
A)Antitrust policy.
B)Control of
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