If a Natural Monopoly Was Broken into Several Smaller Competing

question 45

Multiple Choice

If a natural monopoly was broken into several smaller competing firms,

• A)Consumers would lose because of less competition.
• B)Producers would be better off because they would have greater market share.
• C)Society would be worse off because the economies of scale would be destroyed.
• D)Workers would be worse off because fewer jobs would be available.

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