A natural monopoly occurs when the most efficient number of firms in the industry is one. A natural monopoly will typically have very high fixed costs meaning that it impractical to have more than one firm producing the good.
Examples are Gas network, Electricity grid
Railway infrastructure.
A natural monopoly poses a difficult challenge for competition policy, because the structure of costs and demand seems to make competition unlikely or costly.
Hope this helped :D
~Melis
The word 'lunacy' comes from a theory espoused by Paracelsus, who attributed odd behavior to a misalignment of the moon and stars.
Answer:
Stress
Explanation:
Stress is an emotional, physical and psychological feeling that is related to the tension. Stress can occur due to any event, thought, and feelings that frustrated a person and his nervous system. Stress is caused due to the presence of the stress-or before the stress in the body. It is the reaction of the body to the challenge or the demand. But if stress caused for a long time it may harm psychologically and physically both.
Stress can be of two types:
- Acute stress
- Chronic stress
Answer:
all the stuffs like language, food, rituals, festivals etc make it a lot different among each cultures, we might have things in common like going to school and spending time with our families
