Solved

Which of the Following Is an Example of a Natural

Question 141

Multiple Choice

Which of the following is an example of a natural monopoly?


A) the trademark protecting Gatorade
B) the talents of Tom Hanks
C) the local water company
D) the patent on an Intel processor
E) De Beers' ownership of a large fraction of the world's diamonds

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q136: If the Boston Red Sox baseball team

Q137: Arnie's Airlines is a monopoly airline that

Q138: Assume someone organizes all farms in the

Q139: If total revenue falls when output increases,marginal

Q140: Ownership of a necessary input creates what

Q142: Which of the following statements is correct?<br>A)

Q143: A natural monopoly that is regulated to

Q144: An airline company<br>A) cannot price discriminate because

Q145: Which of the following firms is most

Q146: A single-price monopoly faces a linear demand