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inna [77]
2 years ago
5

Why are most natural monopolies established

Advanced Placement (AP)
2 answers:
AleksandrR [38]2 years ago
6 0
Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor but are often heavily regulated to protect consumers.
andrew11 [14]2 years ago
5 0

hi

A company with a natural monopoly might be the only provider or product or service in an industry or geographic location. Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor but are often heavily regulated to protect consumers.

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