A city government that produces electricity for the local residents and businesses is an example of

Name: A city government that produces electricity for the local residents and businesses is an example of
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

The city government owning and producing electricity for the local residents and businesses is an example of government ownership of a natural monopoly. In this case, there is likely only one supplier of electricity in the city, and the government owns and operates it as a natural monopoly.

A City Government That Produces Electricity for the Local Residents