Generating electricity:
A) no longer requires a natural monopoly, but the transmission and distribution of electricity remains a natural monopoly.
B) requires a natural monopoly, along with the transmission and distribution of electricity.
C) requires a natural monopoly but not the transmission and distribution of electricity.
D) and the transmission and distribution of electricity are no longer natural monopolies.

Question

Quizplus · Accepted Answer

The generation of electricity has become more competitive with the growth of renewable energy sources and advancements in technology. However, the transmission and distribution of electricity remain natural monopolies as it is not feasible for multiple companies to duplicate the infrastructure needed to provide reliable electricity to consumers.

Generating Electricity