Natural monopolies <span>benefit from large economies of scale, in which the costs of goods decrease as output increases.
</span>A natural monopoly<span> is a distinct type of </span>monopoly<span> that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.</span>
<span>market economy market economy is the answer
I hope this helps!</span>
Negative external costs like Economic loss and decline of production may exist when air pollution and water pollution are introduced into the environment.
<h3>Externalities of Air and Water Pollution</h3>
- They cover a wide range of externalities, such as crop and human production losses, infrastructure, superstructure, and property damage.
- Acid rains (and depositions), smog, and ozone pollution alter the period of time needed for infrastructure investments to pay for themselves through maintenance and replacement.
- Nearly all air contaminants have some physiological effects on people, primarily but not exclusively on the respiratory and cardiovascular systems.
- Some effects, like those of carbon monoxide, are obvious and immediate, but those of lead and HC/VOCs are far more pernicious and subtle.
- If possible, it is hardest to evaluate environmental costs in a thorough manner. It might be a reference to biological diversity and sustainability, two factors that pollution is very capable of influencing.
To learn more about Externalities due to pollution refer to:
brainly.com/question/16955744
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Answer:
Option B
Explanation:
In simple words, Gentrification refers to the process of altering a neighborhood 's position via the inflow of more wealthy individuals and tourists. This is a prevalent and contentious subject in politicians and town development.
The gentrification phenomenon is usually the product of higher income earners flowing over from neighbouring cities or communities growing attractiveness to an city.
