In the above figure, if this natural monopolist were unregulated, ...

[danielfitts88]

In the above figure, if this natural monopolist were unregulated, the profit maximizing firm would sell the product at the price
 
  A) A.
  B) B.
  C) C.
  D) F.

Question 2

The tolerance of bribe-taking by government officials
 
  A) reduces economic uncertainty because all investors are aware of the practice.
  B) reduces economic efficiency because rules governing property rights are not regularly enforced.
  C) reduces government expenditures because public employees can be paid less.
  D) reduces the need for government to impose taxes on poor people.

[abro1885]

Answer to Question 1

A

Answer to Question 2

B