The Government regulate natural monopolies by <u>A.) ensuring and overseeing one supplier</u>, because a natural monopoly occurs when in an industry the fixed costs are too higher, so is very difficult that more than one business start activities in that industry, for that reason <u>only can exist one competitor or one supplier</u>, as an example of that are the public utilities as water or electricity.
Moreover, due to in the natural monopolies don't exist competitors in the same industry, the suppliers in those monopolies could abuse of their advantage and their market position by establishing higher costs to customers, <u>so with the purpose to prevent that possible unjust actions, the Government regulate the natural monopolies by ensuring and supervising constantly to the only supplier of an specific industry.</u>
This is an example of <u>self defense policy</u>.
<u>Explanation:</u>
Self defense policy is the policy that is taken to take care of the self. In case there is a threat, then to remove the threat, the policy of self defense can be used.
In this example also, since Saudi Arabia has a threat that it's rival will attack it and can cause huge damage to the country, it as a result of this takes up a measure for it's self defense. As a result of this it attacked Iran and tried to remove the threat.
Answer:
“From the top, down “ or “ Look to your betters”
Their divinity is at the top followed by the ruling class then those related and lastly by the people or you could say “on the backs of the common, the empire is built” looking at it from the bottom upwards
Explanation:
