Author Question: Natural gas is a natural monopoly. The figure shows the market for natural gas in the city of ... (Read 162 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
Natural gas is a natural monopoly. The figure shows the market for natural gas in the city of Lucknow. When an average cost price rule regulation is imposed, the price per household per month is ________.
 
  A) 30 and 20,000 household are served
  B) 10 and 40,000 household are served
  C) 25 and 20,000 household are served
  D) 20 and 30,000 households are served

Question 2

In the above figure, if the market is competitive and unregulated
 
  A) more than the efficient amount of output will be produced.
  B) less than the efficient amount of output will be produced.
  C) the efficient amount of output will be produced.
  D) the distribution of income will be fair.



KKcool

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

KKcool

  • Sr. Member
  • ****
  • Posts: 340

 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library