One problem with government operation of monopolies is that the government typically has little incentive to reduce costs.
<h3>What is a monopoly?</h3>
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. The demand curve is downward sloping. A monopoly sets the price for its goods and services.
An example of a monopoly is a utility company
Here is the complete question:
One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs.
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Answer:
The correct word for the blank space is: quasi in rem.
Explanation:
A quasi in rem jurisdiction is provided to a court to use the property of a defendant so the court can use the property of that defendant in a state where it does not have jurisdiction as part of the payment for damages caused in the state where the claim took place. A quasi in rem jurisdiction is typically provided when the defendant does not live in the state where the events that lead to the claim happened.
The producer is the person who makes the product therefore the answer would be A.
Answer:
The future economic concerns of other countries will differ from those of the United States, mainly according to the degree of economic development of each nation. Thus, for example, countries like Germany or Canada, which have an economic development similar to that of the United States, will have economic and socioeconomic concerns quite similar to the United States (rational use of natural resources, redistribution of income, efficient allocation of public resources, etc.).
On the other hand, less developed nations such as those of Africa, Haiti or Cuba, for example, will have different concerns, such as guaranteeing access to water, food and sanitation for all their inhabitants, or generating foreign investments that provide jobs for their residents.
