Which describes a benefit from government regulation of a natural monopoly? a. after flooding destroys homes in a small town, rent goes up. b. livy's gas utility bill does not go up during a natural gas shortage. c. the corn syrup in marcus's candy was cheaper to use than sugar. d. two lumber suppliers compete to offer the best price for paper mills.

I believe the answer is: B. Livy's gas utility bill does not go up during a natural gas shortage.

In a monopoly, only one establishment control all the price for a certain product in the market. So, during a shortage, that establishment can increase the price and the consumers would be forced to conform since there is no other competitors.

Government regulation would create price ceiling that determine the maximum price that a company could make for a certain product.

trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), including government regulation of unfair methods of competition and unfair or deceptive business acts or practices. antitrust law is often considered a subset of trade regulation law. franchise and distribution law, consumer protection law, and advertising law are sometimes considered parts of trade regulation law.

in general the theory of economics says that the more open to trade a country is the better   the result for the same country and the whole economies.

in real life countries impose taxes, quotas, etc which is not so good for the economies.

this kind of commercial war between the usa and china is slowing down the growth of the whole world so we can say that it is a draw back of trade regulations. and the free trade agreements are benefits of trade regulations.

where is the map so i can