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andreev551 [17]
3 years ago
7

A utility (such as a power company) which controls all services in a designated area is called a

History
2 answers:
Nina [5.8K]3 years ago
5 0
The best and most correct answer among the choices provided by the question is the third choice "natural monopoly."


A natural monopoly<span> is a distinct type of </span>monopoly<span> that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.</span>

I hope my answer has come to your help. God bless and have a nice day ahead!
Ugo [173]3 years ago
5 0

Answer: natural monopoly.

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