Which of the following poses a difficult challenge for U.S. competition policy?
A) monopoly
B) monopolistic competition
C) perfect competition
D) natural monopoly

Question

Quizplus · Accepted Answer

Natural monopolies pose a challenge because they occur in industries where high infrastructure costs and other barriers to entry make it inefficient to have multiple providers, such as utilities. Regulating them to ensure fair pricing and service without stifling innovation or efficiency is complex.

Which of the Following Poses a Difficult Challenge for U