Question

1. (02.08 mc) how does government regulate natural monopolies? (1 point) ensuring and overseeing one supplier rationing consumption per supplier setting price controls for multiple suppliers subsidizing suppliers when there is a surplus 24. (02.09 lc) which of the following is a key feature of a rational decision - making model? (1 point) finds a way to increase profits considers multiple alternatives based on personal opinion simple cost analysis

Explanation:

1. In economics, to regulate natural monopolies, governments often set price controls to prevent excessive pricing and ensure fair - access.
2. Rational decision - making in economics involves considering multiple alternatives to maximize utility or profit.

Answer:

1. Setting price controls for multiple suppliers
2. Considers multiple alternatives