Which of the Following Is a Characteristic of a Natural

question 561

Multiple Choice

Which of the following is a characteristic of a natural monopoly?

• A)Fixed costs are typically a small portion of total costs.
• B)Average total cost declines over large regions of output.
• C)The product sold is a natural resource such as diamonds or water.
• D)All of the above are correct.

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Definitions:

Underlying Performance

Underlying performance refers to the fundamental operational outcomes of an organization or company, removing the effects of one-time or unusual events to assess true performance.

Impact Investing

Investments made with the intention to generate positive, measurable social and environmental impacts alongside a financial return.

Private Sector Corporation

A business entity owned and operated by private individuals or groups, not by the government.

Logic Model

A systematic and visual way to present the perceived relationships among the resources, activities, outputs, and outcomes of a program or intervention.