What are some of the benefits of a natural monopoly? Check all that apply.It can focus on serving customers first and foremost.It can improve a product without worrying about competition.It can supply all the customers in a market with a good or service.It does not have to worry about costs because it is not run for profit.It can work to improve a product due to pressure from other producers.
How could a government regulate a natural monopoly? Check all that apply.It could buy out the company and operate it instead.It could limit how much the company charges customers.It could force the company to offer a different good or service. It could insist a company get approval before making certain decisions.It could set up new companies to introduce competition into the market.It could split the company into smaller firms that serve different customers.
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