Which of the Following Would Probably Not Be Considered a Natural

question 127

Multiple Choice

Which of the following would probably not be considered a natural monopoly?

• A)a municipal water company
• B)the local telephone industry
• C)the cable television industry
• D)natural gas and electric companies
• E)the automobile industry

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Definitions:

Unilateral Contract

A contract that results when an offer can be accepted only by the offeree’s performance.

Lottery Ticket

A ticket purchased for the chance to win prizes in a lottery, typically involving the selection of numbers for a potential cash or goods award.

Lacks Voluntary Consent

A situation where agreement or permission is given under duress, coercion, or misinformation, undermining the validity of a contract or decision.

Motivational Conference

An event designed to inspire and energize attendees, often featuring speakers who share success stories, strategies, and motivational insights.