Who Is a Natural Monopolist

Multiple Choice

Who is a natural monopolist?

A) A single producer in a market,usually with monopoly rights over input resources,who is able to produce at a higher cost than competing firms could.
B) A single producer in a market,usually provided with a government licence,who is able to charge a price higher than competing firms could.
C) A single producer in a market,usually benefiting from government subsidies,who is able to produce at a higher cost than competing firms could.
D) A single producer in a market,usually with large economies of scale,who is able to produce at a lower cost than competing firms could.