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 impractical to have more than one firm producing the good.
Examples are Gas network, Electricity grid
Railway infrastructure.
A natural monopoly poses a difficult challenge for competition policy, because the structure of costs and demand seems to make competition unlikely or costly.
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~Melis
Answer:
War
Explanation:
The reasons people migrate are usually economic, political, cultural, or environmental.
I believe the answer is <span>Trenton</span>
Answer:
Aldi will experience shortage in food supply as it seeks to expand its outreach
Explanation:
Amazon's policy is a monopolistic one seeking to be in absolute control over food products. As Aldi prepares to expand its transaction in the US, Aldi will have to enter into agreement to supply on behalf of the company.
Aldi must seek rebranding and awareness creation in order to gain market recognition. Meanwhile, Aldi can also focus on their market strength to acquire the market