Which One of the Following Is Good Example of a Natural

question 85

Multiple Choice

Which one of the following is good example of a natural monopoly?

• A) electricity
• B) cable TV service
• C) water systems
• D) all of the above

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Definitions:

Libertarians

Individuals who advocate for minimal government intervention in personal and economic affairs, emphasizing individual liberty and free markets.

Individual Rights

The basic entitlements and freedoms that belong to every person, typically upheld by law and societal norms, including rights to privacy, speech, and equal treatment.

Poverty Rate

The percentage of the population whose income falls below the threshold deemed necessary to cover basic living costs, determining the level of poverty.

Poverty Line

A threshold level of income set by governments or organizations, below which individuals or families are considered to be living in poverty.