Today, you might be buying from a regulated natural monopoly when you purchase
A) a car, a truck, or a bicycle.
B) a computer, a phone, or a camera.
C) natural gas or electricity.
D) a house, a condominium, or a plot of land.

Question

Quizplus · Accepted Answer

Natural gas and electricity are often provided by regulated natural monopolies because the infrastructure costs are high and it is more efficient for one company to serve the entire market.

Today, You Might Be Buying from a Regulated Natural Monopoly