People pursue ________ projects in the market and ________ ...

[viki]

People pursue ________ projects in the market and ________ projects in government.
 
  A) their own; their own
  B) their own; others'
  C) private; public
  D) individualistic; socialistic

Question 2

Which of the following statements is true?
 
  A) A natural monopoly always arises from government intervention in the market.
  B) An increase in consumer demand can change a natural monopoly into a multi-seller market.
  C) A natural monopoly earns higher profits than a monopolistically competitive firm because it faces an upward sloping market demand curve.
  D) A natural monopoly earns higher profits than a monopolistically competitive firm because it faces a horizontal market demand curve.

[mbcrismon]

Answer to Question 1

A

Answer to Question 2

B

[viki]

TYSM

[dantucker]

Thanks for the timely response, appreciate it