Which of the Following Is the Best Example of a Natural

question 321

Multiple Choice

Which of the following is the best example of a natural monopoly?

• A) ownership of the only ferry across Puget Sound for twenty miles
• B) the United States Postal Service
• C) the cable television company in your hometown
• D) owning the only licensed taxicab in town
• E) producing a patented drug

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Definitions:

Persistence

The quality of continuing steadfastly or firmly in some action, purpose, or course of action in spite of opposition.

Specific Nerve Energies

The concept that different sensory nerves convey specific qualities of sensations to the brain, such as sight or sound.

Dualism

A philosophical concept that sees mind and body as two distinct entities that interact and influence each other.

Brain

The central organ of the human nervous system, responsible for thought, memory, emotion, touch, motor skills, vision, breathing, temperature, hunger, and every process that regulates our body.