A consequence of a publicly-owned natural monopoly is:
A)the loss of the profit motive.
B)an increase in the motivation to improve efficiency.
C)increased public pressure to reduce costs.
D)reduced likelihood to remain open longer than political terms of office.

Question

Quizplus · Accepted Answer

Publicly-owned natural monopolies often lack the profit motive because they are not driven by the need to generate profits for shareholders, which can lead to inefficiencies.

A Consequence of a Publicly-Owned Natural Monopoly Is