Public utilities have traditionally been considered natural monopolies because natural monopolies are always publicly owned.

Name: Public utilities have traditionally been considered natural monopolies because natural monopolies are always publicly owned.
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Question

Quizplus · Accepted Answer

Public utilities are considered natural monopolies due to the high infrastructure costs and other barriers to entry, not because they are always publicly owned. Natural monopolies can exist in both public and private sectors.

Public Utilities Have Traditionally Been Considered Natural Monopolies Because Natural