Question

Which of these is the result of a government-regulated natural monopoly?

Fewer pricing plans and options for the consumer

Greater number of service interruptions

Multiple installations of gas, water, and electric lines

Unfairly high prices due to lack of competition

Answer 1

c. multiple installations of gas...

Explanation

Answer 2

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.