All of the following are examples of natural monopolies except:________.a. Local telephone companies.b. Electricity companies.c. College bookstores.d. Railroad companies.

Respuesta :

Answer:

c

Explanation:

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms.

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region

College bookstores are not monopolies. they do not have high barriers of entry into the industry. start up cost isn't extremely high.