Multiple Choice
With a natural monopoly,
A) regulation can take the form of average cost pricing to allow coverage of costs.
B) regulation takes the form of breaking the company into several competing firms.
C) regulation takes the form of forcing the company out of business.
D) regulation takes the form of forcing competition from new firms.
E) no regulation is necessary because it is a natural monopoly.
Correct Answer:
Verified
Correct Answer:
Verified
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