Answer: When one firm can efficiently supply the market.
Explanation:
A natural monopoly occurs when the biggest supplier in an industry, usually the leading business in the market, has an overpowering advantage over possible business opponents.
This is usually the case in industries with high infrastructural costs, where capital costs prevail, generating economies of scale that are too big in relation to the dimension of the market.
Answer:
When Earth formed 4.6 billion years ago from a hot mix of gases and solids, it had almost no atmosphere
Your answer would be London.
Food shortages, disease and illness, establishing relations with the native Powhatan Indians and the lack of skilled labor were the pri- mary problems the early settlers faced.
Answer:
-Economy stimuli
Explanation:
This is the theory that an increased government spending stimulated the economy causing an increase in private spending which would add to the stimuli of the economy in a whole thereby increasing income and mpc.
- It is believed that the multiplier effect is larger because consumers would spend more to meet all their needs and wants due to change in some components of aggregate expenditure.