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<span> A.) by raising exports, tariffs were beneficial to the economy. </span>tariffs is another way of saying taxes that are given to goods either imported or exported. in the case of the great depression, the more exports and tariffs applied to these products was beneficial to the economy. yet it is open to interpretation whether the tariffs are indeed beneficial or detrimental since they increased the impact of the great depression.
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First of all, it is necessary to understand the concept of monopoly, which is the event of a single person or enterprise controlling the supply of a particular commodity. Following that logic, a natural monopoly can be understood as a given industry wherein high infrastructural costs and other barriers to entry relative to the size of the market give the largest - usually the first supplier - in the market a virtually overwhelming advantage over competitors.
Therefore, it is possible to affirm that the lesta likely choice to be allowed to function as a natural monopoly in a society economy is food distribution, which can be performed by several different enterprises/individuals.
On the other hand, watershed management, electricity generation and hazardous waste disposal, due to their high cost of capital, creating economies of scale that are large in relation to the size of the market.
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