In the United States,natural monopoliesA) are easily converted to competitive industries.B) are common in retailing.C) are commonly regulated by governments.D) are rarely regulated by governments.

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Kelsey Adams · Accepted Answer

Final Answer : C, Explanation :  Natural monopolies are industries where a single firm can serve the entire market at a lower cost than two or more firms. Due to the potential for abuse of market power, natural monopolies are commonly regulated by governments to ensure that prices are fair and consumers are protected.

In the United States,natural monopolies

A) are easily converted to competitive industries.
B) are common in retailing.
C) are commonly regulated by governments.
D) are rarely regulated by governments.

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