When confronted with a natural monopoly that restricts output and charges monopoly prices, the two methods that

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When confronted with a natural monopoly that restricts output and charges monopoly prices, the two methods that governments have for promoting better outcomes are:

a. Public ownership and public regulation.

b. Sole proprietorships and public goods.

c. Antitrust law and horizontal mergers.

d. Creative destruction and laissez-faire.

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Microeconomics Principles, Problems and Policies

ISBN: 978-1259450242

20th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn

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Question Posted: Apr 24, 2018 03:42 AM

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When confronted with a natural monopoly that restricts output and charges monopoly prices, the two methods that

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Microeconomics Principles, Problems and Policies

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