___________ have a level of market concentration and dominance that is not found in the other modes.
A)Railroads
B)Pipelines
C)Airlines
D)Motor carriers

Question

Quizplus · Accepted Answer

Railroads have a level of market concentration and dominance that is not found in the other modes because they are a natural monopoly. This means that it is more efficient for a single company to provide rail service in a given area than it is for multiple companies to compete. This is because railroads require a large amount of capital investment to build and maintain, and it is difficult for new companies to enter the market. As a result, railroads have a high level of market concentration and dominance.

___________ Have a Level of Market Concentration and Dominance That