Natural monopolies include all of the following except:
A)a diamond mining company.
B)a gas company.
C)an electricity company.
D)railways.

Question

Quizplus · Accepted Answer

Although diamond mining may require significant investment and technical expertise, it does not necessarily exhibit the characteristics of a natural monopoly, such as high fixed costs and economies of scale that make it difficult for competitors to enter the market. Gas, electricity, and railways, on the other hand, are often considered natural monopolies due to the high cost of infrastructure and lack of viable alternatives for consumers.

Natural Monopolies Include All of the Following Except