Which of the following is definitely NOT an example of a natural monopoly?
A) local water distribution companies
B) urban rail services
C) local electric power and gas distribution companies
D) urban retail stores
D
Economics
You might also like to view...
When a government mandate sets the rental price of an apartment below the market clearing level, which of the following result?
A) More apartments are rented. B) Landlords attempt to make up for the lower rental income by charging more for security deposits and cleaning fees. C) Landlords discriminate less. D) Landlords address their tenant's requests in a more prompt manner.
Economics
It is ________ profit maximizing for firms to dump in foreign markets
A) never B) sometimes C) always
Economics