Question

Which of these is the result of a government-regulated natural monopoly?

Fewer pricing plans and options for the consumer
Greater number of service interruptions
Multiple installations of gas, water, and electric lines
Unfairly high prices due to lack of competition

Answer 1

I believe it would be C.) multiple installations of gas, water, and electric lines

Answer 2

Answer:

Multiple installations of gas,water and electric lines is an example of Government regulated monopoly

Explanation:

A natural Monopoly is said to be when the most efficient subsidiary of an industry is ONE and the efficient subsidiary is liable to have prices driven  very high because no other subsidiary of the industry can produce better than it does.

Example of this is water resources industry: the most efficient part of water resources for human consumption is TAP WATER(natural monopoly) hence the Government has to intervene by having multiple water installations for tap water to avoid driving the cost of accessing good tap water higher than usual