Fire protection is a good example of a natural monopoly good because:
A)it is non-excludable
B)it is rival
C)protecting an extra house is unlikely to reduce the protection available to others
D)all of the above are true

Question

Quizplus · Accepted Answer

Fire protection is a natural monopoly because it is non-rival; protecting one house does not diminish the ability to protect others.

Fire Protection Is a Good Example of a Natural Monopoly