Which of the Following Is an Example of Natural Monopoly

question 355

Multiple Choice

Which of the following is an example of natural monopoly?

• A) cellular phone companies in a large city
• B) local water utility companies
• C) major league sports franchises in the largest cities
• D) All of the above are natural monopolies.

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Definitions:

Organizational Commitment

The extent to which an employee develops an attachment and feels a sense of loyalty to their employer.

South Korea

A country in East Asia, noted for its advanced technology, dynamic culture, and strong economy.

Gender Differentiation

The process of distinguishing roles, behaviors, or attributes based on an individual's gender, which can lead to gender-specific expectations and stereotypes.

Gender Equality

The state in which access to rights or opportunities is unaffected by gender.