Examlex
Which of the following would most likely be provided by a natural monopoly?
System Reliability
The probability that a system will perform its required functions without failure under stated conditions for a specified period of time.
Breakdowns
Refers to unexpected failures or malfunctions in machinery, systems, or processes that can lead to operational delays or stoppages.
Product Failure Rate
The frequency at which an engineered system or component fails, expressed in failures per unit of time.
MTBF
Mean Time Between Failures, a measure of reliability for a system or product, indicating the average time between failures.
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