Natural monopolies differ from other forms of monopoly because they are
A)not subject to barriers to entry.
B)not regulated by government.
C)unable to sustain long-run profits.
D)are generally not worried about competition eroding their monopoly position in the market.

Question

Quizplus · Accepted Answer

Natural monopolies occur in industries where high infrastructure costs and other barriers to entry make it inefficient for multiple firms to operate, thus they are generally not worried about competition eroding their monopoly position.

Natural Monopolies Differ from Other Forms of Monopoly Because They