asked 164k views
0 votes
Which of these is the result of a government-regulated natural monopoly? (5 points)

A. Fewer pricing plans and options for the consumer
B. Greater number of service interruptions
C. Multiple installations of gas, water, and electric lines
D. Unfairly high prices due to lack of competition

asked
User Kristi
by
7.0k points

2 Answers

7 votes
i believe the answer is C
answered
User Banana Cake
by
7.4k points
4 votes

The correct answer is:

C. often borrow more money than they should

Step-by-step explanation:

In economics, a government-granted monopoly (also called a "de jure monopoly") is a kind of coercive monopoly by which a government presents particular prerogative to a separate individual or firm to be the individual provider of a good or service; potential competitors are eliminated from the business by law, ordinance.



answered
User Frankelly
by
8.3k points
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