Multiple Choice
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
Correct Answer:
Verified
Q29: What is government failure,and how would it
Q40: As long as a public sector activity
Q73: Which of the following produces external benefits?<br>A)
Q75: Which of the following is a merit
Q77: Air pollution best illustrates<br>A) Market power.<br>B) An
Q79: The primary function of taxes is to<br>A)
Q98: Government failure will likely arise if<br>A)There are
Q106: If your neighbors remove the weeds in
Q129: Suppose that if your income is $20,000,your
Q153: State governments receive half of their tax