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

The secretory phase of the uterine cycle coincides with:.
Last week, Pauline worked 35 hours and made $280. How much money did Pauline make per hour?
If the two spinners below are spun, what is the probability that the numbers will match?
Which transition would be best to use at the beginning of sentence 2? finally additionally however specifically
In the past, waste from mining was
here it is : Forty of Laurens 50 answers were correct .What percent of Laurens answers were correct.
areas of cover that connect isolated habitat are called __ a. habitat connectors b. patch links c. tree belts d. wildlife corridors
What book in the bible talks about jesus resurrection.
Which excerpt from fast food nation best illustrates the use of the rhetorical appeal logos?.
Which of the following describes a mutation? A. a person becoming tan after sitting in bright sunlight B. a mother bird gathering food for her chicks C. the cha