Natural monopolies are NOT likely to include:

A) a diamond-mining company.
B) a gas company.
C) an electricity company.
D) railways.

Question

Natural monopolies are NOT likely to include:A) a diamond-mining company.B) a gas company.C) an electricity company.D) railways.

Jordan Frasier · Accepted Answer

Final Answer : A, Explanation :  Natural monopolies typically involve industries where the infrastructure or service costs are so high that having multiple competitors is inefficient, such as utilities (gas, electricity) and railways. A diamond-mining company does not fit this description as it does not inherently require a large infrastructure that serves a wide area or population, making it less likely to be a natural monopoly.

Natural monopolies are NOT likely to include:

A) a diamond-mining company.
B) a gas company.
C) an electricity company.
D) railways.

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