Author Question: U.S. public utilities are often: a. perfect competitors. b. created through patent protection. c. ... (Read 125 times)

audie · **on:** Jun 30, 2018

U.S. public utilities are often:
a. perfect competitors.
b. created through patent protection.
c. regulated natural monopolies.
d. employee-owned public enterprises.

Question 2

Suppose, in the United States, each farmer is given a federal agricultural subsidy worth 30,000 . What will be the effect of such subsidy?
a. It discourages domestic agricultural production.
b. It allows U.S. farmers to sell their products for lower prices in foreign markets.
c. It gives foreign producers an unfair cost advantage.
d. It increases the amount of agricultural imports into the United States.
e. It reduces the prices of the primary products in the U.S. market.