vgeMon9ke7elaniakyi vgeMon9ke7elaniakyi
  • 16-04-2017
  • Business
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A utility (such as a power company) which controls all services in a designated area is called aa)trust.
b.cartel.
c.natural monopoly.
d.devised oligopoly.

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MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 27-04-2017
Natural monopolists would be responsible for controlling the services in a designated area. In addition to that, although it requires much higher fixed costs, a monopoly would eventually yield more profits because no other industry is competing with it. They would have this huge advantage to control the price of their goods and services.
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