Today,you might be buying from a regulated natural monopoly when you purchase
A) a car, a truck, or a bicycle.
B) a computer, a phone, or a camera.
C) natural gas or electricity.
D) a house, a condominium, or a plot of land.
E) food in a grocery store or in a restaurant.

Question

Quizplus · Accepted Answer

Natural gas and electricity are typically provided by regulated natural monopolies, as it would be inefficient to have multiple companies each building power lines or gas pipelines to each individual home or business. Therefore, these industries are often regulated to ensure fair pricing and access to all customers.

Today,you Might Be Buying from a Regulated Natural Monopoly When