Millionaire Mode

The Regulation of Natural Monopolies

Question 1 of 15

What is a natural monopoly?

  1. A market where a single firm can produce a good or service at a lower cost than multiple firms.
  2. A market where a single firm has a large market share and can influence prices.
  3. A market where a firm has a patent or exclusive right to produce a good or service.
  4. A market where a firm has a monopoly over a natural resource.

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000