The _____ Industry Is an Example of a Natural Monopoly

question 67

Multiple Choice

The _____ industry is an example of a natural monopoly.

• A) electricity distribution
• B) oil
• C) bottled water
• D) restaurant

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Definitions:

Ownership Interest

Refers to the portion of a property or company that is owned by a specific investor or owner.

Real Asset

A tangible object with value derived from the service it provides such as a house or a car. Distinguish from a financial asset, which is a piece of paper giving its owner a claim to future cash flows.

Equipment

Assets used in the operations of a business, typically consisting of machinery, tools, and vehicles.

Stock

Ownership shares in a corporation, representing a claim on part of the corporation's assets and earnings.