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tamaranim1 [39]
3 years ago
14

Which is an example of a natural monopoly?

Social Studies
1 answer:
kotykmax [81]3 years ago
3 0

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:

Hope this Helps :D

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