Natural monopolies are NOT likely to include:
A)a diamond-mining company.
B)a gas company.
C)an electricity company.
D)railways.

Question

Quizplus · Accepted Answer

Natural monopolies typically involve industries where the infrastructure or service costs are so high that having multiple competitors is inefficient, such as utilities (gas, electricity) and railways. A diamond-mining company does not fit this description as it does not inherently require a large infrastructure that serves a wide area or population, making it less likely to be a natural monopoly.

Natural Monopolies Are NOT Likely to Include