U.S. public utilities are often:
A)perfect competitors.
B)created through patent protection.
C)regulated natural monopolies.
D)employee-owned public enterprises.
E)subject to diseconomies of scale.

Question

Quizplus · Accepted Answer

U.S. public utilities are frequently regulated natural monopolies since it is often more financially efficient for there to be only one provider of a specific utility within a certain geographical region.

U.S. Public Utilities Are Often