Why is it in the best interest of the government to regulate natural monopolies

Answers

Answer 1
Answer:

There are two main reasons that explain why goverments regulate monopolies.If monopolies were not regulated:

  • Producers will charge higher prices for lower quality products because they face a much more ineslatic demand function, as consumers cannot switch to a different producer in order to obtain a certain good or service. Therefore, this situation is harmful for consumer and the goverment intervenes to suffocate it.
  • Competitiveness is limited. Producers are not forced to constantly improve their products or production processes because they do not have to compete with other companies for controlling the market. In the end, if such efforts are not made, the society as a whole is harmed because better technologies and better product attributes have not been developed and cannot be enjoyed.
Answer 2
Answer: to keep costs to a minimum for consumers


Related Questions

The two official publications for the Republican and Democratic Parties are: The Republican The Political Review National Politician Democrat Digest
____________ are regulations that govern a local communitya. Municipalities b. Charters c. Ordinances d. None of the above
Which best defines dendrochronology? Responses the scientific study of plants, including their physiology, structure, and geneticsthe scientific study of plants, including their physiology, structure, and genetics the study of a living organism and its bodily part functions and processesthe study of a living organism and its bodily part functions and processes the study of seasonal climate changes and their relationship with plant and animal lifethe study of seasonal climate changes and their relationship with plant and animal life the science of dating a tree through the measurement and study of its growth rings
What is commercial agriculture?​
Are individuals empowered by human rights?

The role of the president has evolved over time becauseA. the needs of the nation have changed.B. the role of the executive branch has changed.C. the role of Congress has changed.D. the needs of the chief of staff have changed.

Answers

Answer:

A, the needs of the nation have changed.

Explanation:

By the way, the answers to the whole Unit Test Review are here:

1: A.

2: D.

3: B.

4: A.

5: A.

6: B.

7: C.

8: B.

9: A.

10: A.

11: C.

12: A.

13: D.

14: B.

15: C.

You're Welcome :)

Answer:

a

Explanation:

Tobacco products have little effect on society. Please select the best answer from the choices provided.a. True
b. False

Answers

Tobacco products have little effect on society. This statement was false. Thus, option (b) is correct.

What is society?

The term "society" refers to a group of people. The society encompasses various cultures, traditions, and languages. People are similar in the group that is called society. The various communities of people comprise the society. People are similar in their looks and their interactions with each other.

According to the statement was the basis on the tobacco products have little effect on society is the incorrect. A tobacco was the smoke, chew or sniff are the harmful of the body as well as pollution was the bigger impact on the society. A tobacco was the large consumption are the larger impact on the human as well as plants are the dead.

As a result, the significance of the statement are the aforementioned. Therefore, option (b) is correct.

Learn more about on society, here:

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FALSE! I just did the quiz on my health and I have it correct.....

According to strodbeck and​ kluckhonh, the relationship between humans and nature is a problem demonstrative of which​ concept?a. the numbers of possible solutions to these problems are limited.


b. different cultures have different preferences when it comes to selecting a solution to a problem. most people within a culture will choose the same​ solution, but not all people.


c. these preferred solutions shape cultural patterns.


d. individuals encounter a wide variety of problems that must be addressed.

Answers

As a result, the human–nature hyperlink goes further than the degree to which the individual believes or feels that are indeed a part of the natural world.

  • It includes a human adaptive synergy with the environment, as well as our long-standing acts and memories which link us all to nature.
  • The link between humanity and wildlife, according to Strobeck and Kluckhonh, is a dilemma that demonstrates that various ethnicities have varied tastes when it comes to choosing a solution to problems.
  • The majority of the people in culture will choose that option, not all of them.

Therefore, the final choice is "Option B"

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Answer:  B is the correct answer.

Explanation:

People with in a specific culture tend to have the same types of beliefs

The legislative act that bars discrimination in all HR activities, including hiring, training, promotion, pay, employee benefits, and other conditions of employment is known as the:_______. A) Equal Pay Act of 1963.
B) Equal Employment Act of 1972.
C) Civil Rights Act of 1964.

Answers

Answer:

C) Civil Rights Act of 1964.

Explanation:

Title VII of the Civil Rights Act 1964 expressly forbids discrimination on jobs in all HR operations, including recruiting, training, promotion, promotions, compensation, employee benefits, and other employment conditions. Title VII also implies to colleges and universities, employment agencies, and labor unions, both private and public.

in accordance to the self-determination theory, researchers have found that students' internal motivation and intrinsic interest in school tasks increase when students:

Answers

In accordance with the self-determination theory, researchers have found that students' internal motivation and intrinsic interest in school tasks increase when students have a sense of autonomy, competence, and relatedness.

Autonomy refers to the feeling of choice and control over one's learning experience, while competence involves the feeling of being capable and effective in one's efforts.

Relatedness pertains to the sense of connection and belongingness to others in the learning environment, such as peers and teachers.

When students feel that their needs for autonomy, competence, and relatedness are being met, they are more likely to be intrinsically motivated and engaged in their school tasks.

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HELP ME NOW!!!Because the play Romeo and Juliet takes place hundreds of years in the past, there are some differences between their loyalty values and ours. What are these differences? Explain your answer using examples from the play. Use proper spelling and grammar.

Answers

because  Romeo is from a different family and the enemy of Juliet's father I think
But both them don't care their family's past they were only thinking of a peace between their family and fell in love 
This is just a I guess I don't really know the full story of Romeo and Juuliet 

But  hope this  help 
ps i'm only 13