Which of the Following Is Usually Considered a Natural Monopoly

question 139

Multiple Choice

Which of the following is usually considered a natural monopoly ?

• A)a major car manufacturer
• B)a car stereo installer
• C)overnight mail services
• D)state universities

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Definitions:

Golden Rule

A moral imperative to treat others as one would wish to be treated oneself, often cited across various cultures and religions.

Utilitarian

An ethical philosophy that advocates for actions to be made based on their outcomes, specifically aiming to maximize overall happiness and reduce suffering.

Professional Standards

Established norms and criteria in a profession that practitioners are expected to follow to ensure quality and integrity.

Distributive Justice

Concerns the fair allocation of benefits and resources among individuals in a society or group, considering equity and equality.