True FalseThe government intervenes in monopolies when social welfare is negative, or when the monopoly makes a dollar at a cost of numerous dollars to consumers. Solution Ans : True Reason : There are monopolies like public utilities which are beneficial to the consumers as they provide service at reasonable price . But when the social welfare is negative or when the monopoly is squeezing away too much of money from thee consumers , govt intervenes..

1. True
FalseThe government intervenes in monopolies when social welfare is negative, or when
the monopoly makes a dollar at a cost of numerous dollars to consumers.
Solution
Ans : True
Reason : There are monopolies like public utilities which are beneficial to the consumers as they
provide service at reasonable price . But when the social welfare is negative or when the
monopoly is squeezing away too much of money from thee consumers , govt intervenes.