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.
Due to the stories in the <em>The Horse, The Wheel and Language</em>, scholars know that the Indo-Aryans first lived as hunter-gatherers, although they later survived as mobile herders as well. When the steppes became drier and cooler and the cattle, horses and bronze technology were introduced by influence of Balkan cultures, the Indo-Aryans started to adapt their way of life to become mobile herders.
A command economy typically has:
- The demand and the supply controlled by the government.
- Prices that are artificially controlled.
- Resource allocation is determined by macroeconomic considerations, as opposed to those of small firms or business owners.
The most famous example was that of the former Soviet Union.
Allied health professionals work on the health care field, they provide services for identification and prevention of diseases, as well as rehabilitation and therapies for disorders or other health problems. Allied health professionals can be found on different work environments, since they involve a wide range of careers.
Allied health professionals can be physiotherapists, dietitians, radiographers, orthoptists, paramedics, dental hygienists, etc<em>. So they can be found in many different work environments, such as in hospitals, working side by side with doctors, as well as in ambulatory care centers, laboratories, schools, gymnastics, nursing residencies, and many other health care centers. </em>
Irrigation requires the most water in a year I’m the U.S.