Question

Some products are produced most efficiently when there is a single supplier. What is this called?

Natural monopoly

Natural resources

Price controls

Wage controls

Answer 1

@whpalmer4 @morgey123 @Sonyalee77 @enmanuelpina @razor99 @Luigi0210

Answer 2

its B right

Answer 3

Yea i think

Answer 4

ok

Answer 5

No its A

Answer 6

Think about the word supplier

Answer 7

how come

Answer 8

oh ok

Answer 9

Got any other questions

Answer 10

yea hold on

Answer 11

In the business cycle, when is "deflation" most likely to occur?

As GDP rises

During a recession

During expansion

With low unemployment

Answer 12

D i am not sure tho this time

Answer 13

well im happy that you are helping me out

Answer 14

The inflation rate is increasing and unemployment is decreasing. The economy is likely in

contraction

expansion

a peak

a trough

Answer 15

expansion

Answer 16

thanks and last question

Answer 17

Why do governments regulate natural monopolies?

To allow only certain consumers to have access to goods and services

To have access to the resources when national security is at risk

To prevent prices from rising too high and to increase efficiency

To prevent single suppliers from continuing to dominate a market

Answer 18

Its B

Answer 19

thank you so much for your help

Answer 20

No problem i luv to help in econ

Answer 21

its A for #1