Which of the following is an example of natural monopoly?
A) cellular phone companies in a large city
B) local water utility companies
C) major league sports franchises in the largest cities
D) All of the above are natural monopolies.

Question

Quizplus · Accepted Answer

Local water utility companies are considered natural monopolies because the infrastructure costs and logistics make it inefficient for multiple companies to provide the same service in the same area.

Which of the Following Is an Example of Natural Monopoly