Railroads fall into a group called
A) class 1 carriers.
B) intermodal operators.
C) natural monopolies.
D) service challenged carriers.

Question

Quizplus · Accepted Answer

Railroads are often considered natural monopolies because the infrastructure required for rail transport is extensive and costly, making it inefficient for multiple companies to build and maintain separate rail networks in the same area.

Railroads Fall into a Group Called