Question

Can somebody help me check my answers please ?

The state legislature asks you to analyze several product markets for natural monopoly qualities. The legislature wishes to regulate one of the products to provide safer, more efficient, and standard quality to its citizens. Which product do you recommend?

student tutoring services

bottled water plants

auto detailing services

paint manufacturing

***I put A

Answer 1

The best reason to regulate road paving is to

reduce the cost of materials.

hire the most dedicated workers.

get the work done as quickly as possible.

ensure quality work on all paved roads.

***I put D

Answer 2

I think A is correct, but I really do not know the topic of natural monopolies. Unless you yourself are sure of what a natural monopoly is and how to apply it to other situations, these questions will be hard to deal with.

I am pretty sure D is the answer though. So I guess stick with your answers ;)