Which is most likely to be a natural monopoly?
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Answer:
The former generates supply at a lower cost than two or more firms. So, the firms most likely to be a natural monopoly are the electricity grid, railway infrastructure, bus routes, gas network, tap/bottled water, and operating systems like Windows and Apple Mac.
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Can a natural monopoly be efficient?
Answer: Because their costs are higher, small-scale producers can simply never compete with the larger, lower-cost producer. In this case, the natural monopoly of the single large producer is also the most economically efficient way to produce the good in question.
2024-02-07 21:22:57
Is a perfect monopoly rare?
Answer: Does pure monopoly exist? A pure monopoly develops when a single company dominates a product's market. Due to its nature, Pure monopolies are extremely uncommon in the actual world.
2024-02-07 17:38:56
What happens when you roll a mr monopoly?
Answer: If you roll a Mr. Monopoly
Monopoly
Monopoly is a multi-player economics-themed board game. In the game, players roll two dice to move around the game board, buying and trading properties and developing them with houses and hotels. Players collect rent from their opponents and aim to drive them into bankruptcy.
https://en.wikipedia.org › wiki › Monopoly_(game)
Monopoly (game) - Wikipedia
after all of the properties are owned, make a normal move according to the white dice, then move ahead to the first property on which you need to pay rent. If all other players properties are mortgaged, stay where you are. Note: An opponent can't build or trade until your Mr.
2024-01-11 06:26:38
Is 200 a natural number?
Answer: 200 (two hundred) is the natural number following 199 and preceding 201. 200 is an abundant number, as 265, the sum of its proper divisors, is greater than itself.
2023-08-02 05:59:43
What is an example of natural monopoly in real life?
Answer: For example, the utility industry is a natural monopoly. The utility monopolies provide water, sewer services, electricity transmission, and energy distribution such as retail natural gas transmission to cities and towns across the country.
2023-02-26 15:20:04