Utilities such as natural gas and water generally compete as:

Question

Quizplus · Accepted Answer

Utilities such as natural gas and water are often regulated monopolies, meaning that they are the only providers of the service in a given geographic area and are subject to government regulation to ensure fair pricing and quality of service. While other utilities may exist in nearby areas, they cannot directly compete with the regulated monopoly in their specific service area. Therefore, the best choice is D, monopolies.

Utilities Such as Natural Gas and Water Generally Compete As