governments promote and regulate natural monopolies in order to:

(A) Take on the costs of providing essential services.

(B) Maximize profits on goods that all citizens buy.

(C) Discourage new businesses from forming

(D) Compete with the private sector producing consumer goods.

Governments promote and regulate natural monopolies in order to take on the cost of providing essential services. Therefore, option A is the correct option.

What are essential services?

Essential services are those services that are provided by the government at a low cost or no cost at all. Such services are basic and essential in nature at the same time. The services are basic, such as hospital and medical care, education, food, and water, and so on.

The reason behind the monopoly of the government on essential goods is the welfare of the citizens and not profit-making like private organizations. Natural monopolies are encouraged and regulated by governments in order to cover the expense of providing important services. As a result, choice A is the best one.

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governments promote and regulate natural monopolies in order to: (A) Take on the costs of providing essential services. (B) Maximize profits on goods that all citizens buy. (C) Discourage new businesses from forming (D) Compete with the private sector producing consumer goods.

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What are essential services?

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governments promote and regulate natural monopolies in order to:

(A) Take on the costs of providing essential services.

(B) Maximize profits on goods that all citizens buy.

(C) Discourage new businesses from forming

(D) Compete with the private sector producing consumer goods.