Concerning public utilities, the stated reason for resorting to regulation... of a monopoly, rather than promoting competition through antitrust, is that the industry in question is believed to be a
A.	profit-maximizing monopoly.
B.	producer of externalities.
C.	revenue-maximizing monopoly.
D.	natural monopoly.
Answer:D
Concerning public utilities, the stated reason for resorting to regulation... of a monopoly, rather than promoting competition through antitrust, is that the industry in question is believed to be a
A.	profit-maximizing monopoly. B.	producer of externalities. C.	revenue-maximizing monopoly. D.	natural monopoly.