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grandymaker [24]
3 years ago
6

Distinguish between natural and artificial monopolies

Business
2 answers:
nevsk [136]3 years ago
7 0
An artificial monopoly is a monopoly created by law, for example, the state makes an arrangement with a specific post service, making it the main or the only postal service in the country. 

<span>A natural monopoly is a monopoly that is no enforced but which emerges due to high infrastructure costs, so for example the infrastructure of water supply makes the company who built the pipes the monopoly.</span>
loris [4]3 years ago
5 0
My answer -

An artificial monopoly is a monopoly created by law, for example, the state makes an arrangement with a specific post service, making it the main or the only postal service in the country.

A natural monopoly is a monopoly that is no enforced but which emerges due to high infrastructure costs, so for example the infrastructure of water supply makes the company who built the pipes the monopoly.

Happy to help you
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<h3>What is Supply Curve?</h3>

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The complete question is attached below.

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Learn more about supply curve here:

brainly.com/question/15533680

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3 years ago
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