The correct answer is C.
A natural monopoly is a market situation in which a single firm serves the whole market, therefore it is the only producer of a certain good or service, due to the fact that there exist some natural conditions which establish huge barriers for new competitors entering in the market, in the sense of extremely large fixed costs.
In such a case there is no market competition, therefore the monopoly can decide on the quantity supplied and on the price of the products (usually establishing a much higher one that if there was competition). Such a situation is harmful for consumers. They purchase products at a higher price and with lower quality because, as there is no competition, producers are not forced to continuously develop and improve their products. This is why goverment intervenes, trying to soften the situation by decreasing the profits of the monopolists and increasing the welfare of consumers, and the social welfare.
Answer:
Explanation:
According to Christian Jesus is the solution to human problem. The acceptance of Jesus into peoples love they believe has power over all problem.
Faith is to believe, the work of salvation have to be believe by everyone who want to accept Jesus into his or her life without faith in the work that Jesus has done there will be no salvation experience.
Grace is what has been made available for every sinner who want to be saved. When a man have faith in the work of salvation, grace is made available.
Transformation is a function of the heart, and the mind is transformed by the word of God. Hence, when a man is subject to the hearing and doing of the word he becomes transformed and this also affect his environment.
Development assistance programs are designed to reduce poverty and encourage economic growth in poor countries. They include programs for agriculture, health, education, the environment, and democracy and governance
Answer:
what exactly is that question.
Answer:
Spending tax money during difficult economic times.
Explanation:
This was my answer on A.P.E.X
