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:
she probably thinks this because she has grown up feeling like she wasn't even worthy of their love and attention so why would she think good of herself or them now when she has only been taught and felt differently
The leaders in this kind of cultures would for one be more reliant on the formal structures to accomplish tasks, they would be more autocratic and the communication with employees would be one directional. This would be communication from a leader to a follower with little or no expectation for a response.
Answer and Explanation:
The reason why Zinn opined that we shouldn't trust histories written from point of view of Governments and leaders is that they tend to use attempts through politics and culture, to ensnare ordinary people in a giant web of nationhood hiding under the canopy of common interest.
Answer:
b. individuals are best left to their own devices without the government guiding their actions.
Explanation:
Both the wealth of nations and the declaration of independence were written based on the concept of economic liberalism, which is an ideology based on the organization of the economy in individualistic lines, rejecting state interventionism, which means that as many economic decisions as possible are taken by companies and individuals and not by the state or by collective organizations. That is, through economic liberalism, both the wealth of nations and the declaration of independence share the view that it is best to leave individuals to their own devices without the government directing their actions.
