Controlfreak
Controlfreak Controlfreak
  • 25-05-2017
  • Business
contestada

Distinguish between natural or artificial monopolies

Respuesta :

LearnGrow
LearnGrow LearnGrow
  • 01-06-2017
Natural monopoly is a monopoly that exists as a result of the high fixed costs one industry has (for example unique raw materials, unique technology,...). Artificial monopoly is a very large film that has somehow managed to drive all of its competitors out of the business, remaining the sole producer in its industry. So, natural monopoly as its name says is natural and justified, artificial is not.
Answer Link

Otras preguntas

Using properties to find the sum or product
Which fraction equals a repeating decimal
During childhood, development is not so rapid as in infancy.
Maggie brother is 3 years younger than twice her age.the sum of their ages is 24 how old is maggie ?
mario and luigi plan to buy a wii u for $299.00. wii u games cost $59.99 each. They plan to purchase one console. if they purchase one console and three games/
9. For impeachment proceedings to begin, a president has to be accused of A. not listening to Congress. B. a crime. C. lying. D. going to war. Student
Why was the conquest of England documented in a tapestry?
gradually increase the demands on your body as you advance in your fitness program is known as A progression B specificity C regularity D overload
would ice be considered a fluid or solid?
Definition for outcome variable