Answer:
a. economies of scale over a broad range of output
Explanation:
Monopoly is a market condition in which there are no competitors and a particular company produces only that type of product and services. This is common in sectors which are very expensive to handle by the government.
However natural monopoly refers to a monopoly that is defended from direct competition by economies of scale over a broad range of output. It usually has the strong backing of the government.
If people start defaulting in using trains, there is a big possibility for Transnet to make economic loss in the short-run. Transnet is an enterprise which is state-owned. It <span>is considered as the largest and most crucial part of the freight logistics chain which delivers goods to each and every South African. </span>It includes the following industries:
<span>-Port management;
-Logistics; and,
-Pipeline management. </span>
<span>the therapist is engaging in the method of: Psychotherapy
Psychotherapy is an effort to cure a various form of mental disorders without the use of any form of drugs.
The purpose of this engagement is to find the root of the problem in the patient's mind and eliminate it so the disorder will gradually disappear</span>