GIVING OUT MEDALS!
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

Question

GIVING OUT MEDALS!
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

anonymous · Answer

The third one

anonymous · Answer

how do you know @Lo-Siento-Mi-Amor ?

anonymous · Answer

Natural monopolies are those such as utility companies, one electric company starts up and sets up power plants, power lines, pipes, and everything else needed and provides the service. Other companies interested in this business would have to build and gather all needed equipment to provide this service, THEN they would have to try and get customers while already being in debt and trying to compete with an already established company, so they forego it. The First electric company then is the only provider and could raise prices sky high because you have to pay it, if not your without electricity. That's why the government regulates it.

anonymous · Answer

How does the government help ensure fair prices for all citizens of a particular area served by one utility company?

 By imposing taxes on the wealthy citizens

 By setting the price for utilities across the country

 By negotiating affordable rates with the supplier

 By passing legislation to prevent a monopoly 

@Lo-Siento-Mi-Amor

anonymous · Answer

Can you select multiple ones or just one?

anonymous · Answer

just one @Lo-Siento-Mi-Amor

anonymous · Answer

The third one.

anonymous · Answer

Use this image to answer the following question. When the economy is operating at point C, the U.S. Congress is most likely to follow
 expansionary fiscal policy

 contractionary fiscal policy

 expansionary monetary policy

 contractionary monetary policy 

@Lo-Siento-Mi-Amor

anonymous · Answer

@baby456 how do you know

anonymous · Answer

Im not sure about your last one kelly.

baby456 · Answer

wait i was wrong sorry.

baby456 · Answer

@Lo-Siento-Mi-Amor was right on the first question.

anonymous · Answer

do you know any of the other questions @baby456

anonymous · Answer

kelly, give me my medal please.