Answer:
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 is impractical to have more than one firm producing the good. An example of a natural monopoly is tap water.
Explanation:
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Answer: The correct is option A A red herring
Step by step explanation:
The writer is somehow trying to misleads or distracts readers from a relevant or important question. In this context, It may either be a logical fallacy or a literary device that leads readers or audiences toward a false conclusion. It is therefore red herring.
Red herring is a kind of fallacy that is an irrelevant topic introduced in an argument to divert the attention of listeners or readers from the original issue. In literature, this fallacy is often used in detective or suspense novels to mislead readers or characters, or to induce them to make false conclusions.
They used it because it was cheep but very strong so it made costs go down
Planets.
Saturn has a ring of rocks that fly around it and most other plants have moons, such as the ones in the Milky Way.
Answer:
Price controls can also distort the effect of supply and demand on a market. Governments sometimes set a maximum or a minimum price for a product or service, and this results in either the supply or the demand being artificially inflated or deflated.
Explanation:
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