Which one of the following is good example of a natural monopoly?
A) electricity
B) cable TV service
C) water systems
D) all of the above

Question

Quizplus · Accepted Answer

Natural monopolies occur in industries where high infrastructure costs and other barriers to entry limit competition, making it more efficient for a single provider to serve the entire market. Electricity, cable TV services, and water systems all require extensive, costly infrastructure networks, making them classic examples of natural monopolies.

Which One of the Following Is Good Example of a Natural