One problem with government operation of monopolies

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One problem with government operation of monopolies is that a. a benevolent government is likely to be interested in generating profits for political gain. b. the government typically has little incentive to reduce costs. C. a government-regulated outcome will increase the profitability of the monopoly. d. monopolies typically have rising average costs. A law that restricts the ability of hotels/motels to advertise on billboards Outside of a resort community would likely lead to a. a request by consumers to increase the number of billboards. b. reduced efficiency of local lodging markets. c. no change in profits for all hotels/motels. d. increased price competition among hotels/motels in the community.

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