Question

The state legislature asks you to analyze several product markets for natural monopoly qualities. The legislature wishes to regulate one of the products to provide safer, more efficient, and standard quality to its citizens. Which product do you recommend?
student tutoring services
bottled water plants
auto detailing services
paint manufacturing

Answer 1

The correct answer would be bottled water plants.

Out of all the choices, bottled water plant fits the qualities the legislature wishes for a product. It will provide safer, more efficient, and standard quality to its citizen. I hope this helped you.