Author Question: In a natural monopoly, government regulation is often used to ensure more beneficial price and ... (Read 61 times)

burton19126 · **on:** Jun 30, 2018

In a natural monopoly, government regulation is often used to ensure more beneficial price and output combinations for consumers in the market than would exist in the absence of regulation.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Annual expenditures by the federal government exhibited an upward trend, rising from 3 billion in 1930 to more than 1 trillion in 2010.
a. True
b. False
Indicate whether the statement is true or false