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mylen [45]
3 years ago
11

Why are utilities, such as electricity and water, examples of natural monopolies

History
2 answers:
tekilochka [14]3 years ago
6 0
Electricity and water are examples of natural monopolies because they are all started up in local companies such as the Florida power and light and the water and sewage department <span />
victus00 [196]3 years ago
4 0
Natural monopoly exist when one firm can supply the entire market at a lower per unit cost than could two or more separate firms. This being the case, public utilities such as water, gas and electricity are examples of natural monopolies.
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