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.
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~Melis
Explanation:
Why did India choose holding together federalism
Zitkala-Sa, (Lakota: “Red Bird”) birth name Gertrude Simmons, married name Gertrude Bonnin, (born February 22, 1876, Yankton Sioux Agency, South Dakota, U.S.—died January 26, 1938, Washington, D.C.), writer and reformer who strove to expand opportunities for Native Americans and to safeguard their cultures.
Zitkála-Šá also known by her missionary-given and later married name Gertrude Simmons Bonnin, was a Yankton Dakota writer, editor, translator, musician, educator, and political activist. She wrote several works chronicling her struggles with cultural identity and the pull between the majority culture in which she was educated
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Question:
How did trading metal tools with the Spanish affect Native Americans?
Answer:
<em><u>b Grew healthier </u></em><em><u>food</u></em>
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