Where there is natural monopoly, government is most likely to implement
A)social regulation.
B)antitrust policy.
C)industrial regulation.
D)an externality containment policy.

Question

Quizplus · Accepted Answer

Industrial regulation is most likely to be implemented in the case of a natural monopoly because it involves regulating the prices and services of industries that have no competition, ensuring that consumers are not exploited due to the lack of alternatives.

Where There Is Natural Monopoly, Government Is Most Likely to Implement