If a public service commission requires a natural monopoly to set its price equal to the long-run marginal cost, this will result in
A) excessive economic profits to the monopoly.
B) normal economic profits to the monopoly.
C) losses to the monopoly.
D) either economic profits or losses, depending on the efficiency of the monopoly.
Question 2
How is economic growth shown by the production possibilities curve?
A) by shifting the curve to the right
B) by moving the curve to the left
C) by moving up the existing curve
D) by changing the shape of the curve from a straight line to one that is bowed
Examples of the results of sexual selection, a type of natural selection.
Long-wattled Umbrellabird
A pleasant smile can go a long way, even through telephone lines.
Natural Settings
Ayurvedic massage. Long sweeping stroke from foot around shoulder and down the arm, recipient prone.
Responses to artificial and natural selection