Which of These Is MOST Likely to Be a Natural

question 27

Multiple Choice

Which of these is MOST likely to be a natural monopoly?

• A) an ambulance service in a small town in Wyoming
• B) Apple, Inc.
• C) an automobile manufacturer with a national market
• D) United Parcel Service (UPS)

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Definitions:

Debt

An amount of money borrowed by one party from another, often used by businesses and governments to fund operations and projects.

Equity

Ownership interest in a company, typically represented by shares, indicating the proportion of the company's assets owned by the shareholders after all liabilities are paid.

Primary Market

The primary market involves the issuance and sale of new securities directly from the issuer to investors, facilitating capital raising for governments, corporations, and other entities.