Which is an example of a natural monopoly? (5 points) Select one: a. A company that enters the market and requires new infrastru

Question

3 years ago

12

Which is an example of a natural monopoly? (5 points) Select one: a. A company that enters the market and requires new infrastru

cture b. A group of companies that own all the sources of production c. A milk product that is produced by multiple companies d. A single source for electricity in your community

Social Studies

2 answers:

I am Lyosha [343] · Answer 1 · 2022-08-21T04:03:05+03:00

<span>A natural monopoly is a type of monopoly that exists as a result of the high fixed costs or startup costs of operating a business in a specific industry. Additionally, natural monopolies can arise in industries that require unique raw materials, technology or other similar factors to operate.</span>

Kay [80] · Answer 2 · 2022-08-21T06:09:36+03:00

Kay [80]3 years ago

3 0

d. A single source for electricity in your community is the answer.