Question

Government often handles large natural monopolies such as water and power companies by __________.

A.
shutting down these businesses because they are illegal
B.
regulating the prices the monopoly charges its customers
C.
forcing the monopoly to split into at least two competing companies
D.
requiring at least one other water or power company to open in the area



Please select the best answer from the choices provided


A
B
C
D

Answer 1

Im pretty sure its B.

Step-by-step explanation:

If im wrong im so sorry! Tell me in the comments if im wrong so i can change it.

Answer 2

B.

regulating the prices the monopoly charges its customers

Step-by-step explanation:

Government encourages monopoly in basic sectors because creation of more competitors is usually more expensive. They make sure they assign a company a sole right to control the affairs of the sector.