Which of the following is most likely to be a natural monopoly?
A)aircraft manufacturing
B)auto manufacturing
C)electric utilities
D)steel production

Name: Which of the following is most likely to be a natural monopoly? A)aircraft manufacturing B)auto manufacturing C)electric utilities D)steel production
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Question

Quizplus · Accepted Answer

Electric utilities are most likely to be a natural monopoly because they involve significant infrastructure and network costs, making it inefficient for multiple firms to build duplicate systems.

Which of the Following Is Most Likely to Be a Natural