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.
Negligent means failing to take proper care of something. So we could say something like: The doctor was charged with negligence after letting multiple people die while on his watch. Hope that helps!
In the United States, fire departments respond to an average of 2 million fire calls annually.
<h3>What is fire department?</h3>
An organization that performs fire prevention, fire suppression, rescue, and hazardous materials mitigation is known as a fire department or fire brigade, often referred to as a fire authority, fire district, fire and rescue, or fire service in some locales.
The Department's personnel have received all-hazards emergency response training. Fire suppression, emergency medical response, hazardous materials response, fire prevention, and education are the Department's primary duties.
A fire department may have one or more fire stations within its borders. These stations may be manned by professional, volunteer, conscript, or on-call firemen. Volunteer and professional firefighters are mixed together in combination fire departments.
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