Business, 17.03.2020 05:18 naomicervero

A natural monopoly is: 1. An industry that is dominated by a single firm. 2. An industry in which one firm can achieve economies of scale over the entire range of market supply. 3. An unregulated monopoly. 4. A monopoly that always benefits society even when it is unregulated.

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A natural monopoly is: 1. An industry that is dominated by a single firm. 2. An industry in which on...