Which would be an example of public ownership as a response to natural monopolies?
A)Federal Energy Regulatory Commission
B)Federal Trade Commission
C)U.S. Food and Drug Administration
D)U.S. Postal Service

Question

Quizplus · Accepted Answer

The U.S. Postal Service is an example of public ownership in response to a natural monopoly, as it is a government-run entity that provides postal services, which can be considered a natural monopoly due to the high infrastructure costs and network requirements that make it difficult for new competitors to enter the market.

Which Would Be an Example of Public Ownership as a Response