Which is the MOST appropriate reason for the continued government ownership of a natural monopoly?
Select ONE answer:
- The government will guarantee competitive behaviour.
- The government will ignore any losses made by the monopoly.
- The government will maximise profits.
- The government will take account of external benefits.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS4 and KS5 classes.
The answer is 4
- Not correct
- Not correct
- Not correct
- Correct
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