Which of the Following Statements About Natural Monopoly Is Correct

question 290

Multiple Choice

Which of the following statements about natural monopoly is correct?

• A) Governments regulate natural monopolies in order to ensure that costs of production are minimized.
• B) Governments regulate natural monopolies in order to ensure that the firm earns a normal profit.
• C) Governments regulate natural monopolies in order to prevent them from making profits.
• D) Governments regulate natural monopolies in order to keep their workers from earning wages that are too high.