Question

what are some of the challenges caused by a natural monopoly? check all that apply. it can raise prices without concern for customers. it is unable to serve all of the customers in a market. it lacks incentive to improve its good or service. it might not increase production if it cannot make a profit. it cannot be controlled by the government or other outside forces.

Explanation:

A natural - monopoly has market power. It can raise prices as it has no competition. Also, without competition, there's less incentive to improve. And if no profit is seen, it may not expand production. However, it is not true that it can't serve all customers (it often has economies of scale to serve many) and it can be regulated by the government.

Answer:

It can raise prices without concern for customers.
It lacks incentive to improve its good or service.
It might not increase production if it cannot make a profit.