Which of the following is true of public ownership of a natural monopoly?
A)Most publicly owned natural monopolies run economic losses.
B)In publicly owned monopolies,the incentive to minimize cost is higher.
C)Public ownership of natural monopolies reduces production efficiency in the market.
D)Natural monopolies that are publicly owned tend to innovate and create cost-saving technologies.

Question

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The Answer of Which of the following is true of public ownership of a natural monopoly?
A)Most publicly owned natural monopolies run economic losses.
B)In publicly owned monopolies,the incentive to minimize cost is higher.
C)Public ownership of natural monopolies reduces production efficiency in the market.
D)Natural monopolies that are publicly owned tend to innovate and create cost-saving technologies.

Which of the Following Is True of Public Ownership of a Natural