The government forcing a monopoly telecommunications company to allow other firms to use its cables is an attempt to
A) regulate prices.
B) decrease the monopoly market power by eliminating a natural monopoly.
C) decrease the monopoly market power by increasing competition.
D) None of the above.
Question 2
Long-run market supply curves are downward sloping if
A) firms are identical.
B) the number of firms is restricted in the long run.
C) input prices fall as the industry expands.
D) All of the above.
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