Customers are most likely buying from a natural monopoly when ...

[sc00by25]

Customers are most likely buying from a natural monopoly when they purchase
 
  A) aspirin from a generic drug company.
  B) a laptop computer from Sony.
  C) a glass of water from the local water company.
  D) all of the above.

Question 2

In monopolistic competition, barriers to entry give the firms the power to set their price.
 
  Indicate whether the statement is true or false

[rleezy04]

Answer to Question 1

C

Answer to Question 2

FALSE

[sc00by25]

Thanks for the timely response, appreciate it

[LVPMS]

TYSM