Answer: It could limit how much the company charges customers.
It could insist a company get approval before making certain decisions.
A natural monopoly refers to a situation when one firm can cater to the entire market demand for a product. A natural monopoly can exist in an industry in because of high start-up costs, certain unique raw materials or processes or technologies that are required to run a business. In a natural monopoly, there is only one firm that benefits from very large economies of scale.
A government intervenes or regulates a natural monopoly primarily in order to protect consumer interests.
A natural monopoly has the power to raise the prices of its products as per its wish, since it is the only supplier of the product. Hence the government looks into the cost history of the firm and fixes regulation. The government can also set a price that a firm can exceed over a fixed period of time. This is known as a price cap regulation.
It is assumed that the natural monopoly will function in an economically rational manner. However, the government can insist that the natural monopoly get its approval before making certain decisions. This may occur due to a decision to decrease the quantity of goods produced.
Answer:
To give is one of the best thing which people do. Volunteering the time show that they are caring people.
Explanation:
The ing form is considered as forth form of verb which acts as noun. The first form of verb is used for present tense normally with to. The first form of verb is basic form of verb used for describing an action. It is infinitive form of verb used before the word to.
Answer: Option B
Explanation:
A trade restriction is an artificial restriction on the trade of goods and/or services between two or more countries.
The right option is B because the statement contains one error; domestic producers gain at the expense of foreign producers rather than domestic consumers.
Answer:
D- participate
Explanation:
leaders who have participate leadership skill or style allow their employees take part in decision making making the leader open to many possibilities and ideas.
