If an industry is a natural monopoly and regulators decide that the firm must price at marginal cost, then consumers will be ________ off than if the firm was unregulated and the firm's owners will be ________ off than if it was unregulated.
A) better; better
B) better; worse
C) worse; better
D) worse; worse
Question 2
The inefficiency created by income taxation occurs due to
A) the cost of collecting taxes and making welfare payments.
B) motivating welfare recipients to work less.
C) motivating income earners to work less.
D) All of the above answers are correct.
Examples of the results of sexual selection, a type of natural selection.
Natural capital degradation
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
The impact of climate change on natural ecosystems
"The Department of Agriculture came out today with its prediction for food price