Which One of the Following Is Most Likely to Be

question 83

Multiple Choice

Which one of the following is most likely to be a natural monopoly?

• A)sandwich shops
• B)printing services
• C)welding services
• D)automotive service
• E)electric utilities

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Definitions:

Crowding

The perception of having less space due to an increase in the number of people in a given area, which can affect behavior and emotions.

Density

In a social context, it refers to the concentration of people in a given area. In a physical context, it denotes the mass of a substance per unit volume.

Customer Contamination

The negative impact on a potential customer's perception of a product or service due to the presence or behavior of other customers.

Upscale Boutique

A retail outlet that offers high-end, fashionable, and often expensive products in a unique, curated shopping environment.