A natural monopoly,such as the Internet,is
A) nonrival and excludable.
B) rival and excludable.
C) nonrival and nonexcludable.
D) rival and nonexcludable.
E) None of the above answers are correct.

Question

Quizplus · Accepted Answer

A natural monopoly is nonrival because it can be used by many individuals without decreasing the amount available for others to use. However, it is excludable because access to the Internet is controlled through subscription or payment for services.

A Natural Monopoly,such as the Internet,is