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Nadusha1986 [10]
3 years ago
5

When does a natural monopoly arise?

Social Studies
1 answer:
4vir4ik [10]3 years ago
3 0

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.

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The people who were native to North America were not a single group, however, and various groups, or tribes, had specific ways of life and generally inhabited specific areas. The largest Native American tribe, the Cherokee, lived in the Southeast. Other tribes included the Seminole in Florida and the Chickasaw. These tribes tended to stay in one place and were skilled farmers. Native Americans each lived in separate tribes all over america. They each had a different culture, for example religion, naming,traditions, etc.

Explanation:

Native Americans each lived in separate tribes all over america. They each had a different culture, for example religion, naming,traditions, etc.

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