A consequence of a publicly owned natural monopoly is:
A) the loss of the profit motive.
B) an increase in the motivation to improve efficiency.
C) increased public pressure to reduce costs.
D) reduced chance to remain open longer than political terms of office.

Question

Quizplus · Accepted Answer

Publicly owned natural monopolies do not operate with a profit motive, as they are typically government-run and focus on providing services rather than generating profits.

A Consequence of a Publicly Owned Natural Monopoly Is