Fire Protection Is a Good Example of a Natural Monopoly

question 158

Multiple Choice

Fire protection is a good example of a natural monopoly good because:

• A)it is non-excludable
• B)it is rival
• C)protecting an extra house is unlikely to reduce the protection available to others
• D)all of the above are true

---

Definitions:

Advisory Opinion

An advisory opinion is a non-binding judgment given by a court or legal authority, offering guidance on the lawfulness of a potential action or issue.

Dissenting Opinions

Judicial opinions written by judges who disagree with the majority's decision in a court case.

Covering Laws

In the philosophy of science, principles or laws that explain the occurrence of specific phenomena by subsuming them under general rules.

Realpolitik

A foreign policy approach focusing on practical and material factors, often favoring power and practicality over ideological considerations.