A natural monopoly arises whenA. a single firm aggressively forces other competitors to exit and industry.B. a single firm has a monopoly over natural resources.C. two firms merge into a single firm in order to capture more of the market.D. a single firm can produce more cheaply than multiple firms due to a downward-sloping average total cost curve.

Question

01-07-2021
Business

Answered

Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

A natural monopoly arises whenA. a single firm aggressively forces other competitors to exit and industry.B. a single firm has a monopoly over natural resources.C. two firms merge into a single firm in order to capture more of the market.D. a single firm can produce more cheaply than multiple firms due to a downward-sloping average total cost curve.

Sagot :

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.

What leads to the development of the theory?

As of October 2010, Denzel Washington's three top domestic grossing films, American Gangster, Remember the Titans, and The Pelican Brief, had earned a total of

Plug in method? I am trying to use the plug in method and I did that but then was not sure how to solve the problem after plugging in numbers.

what is the percent for 100 acres to 140 acres

A friend talks to you as she walks past you at a speed of 2.25 m/s. why do you not notice a Doppler shift in her voice as she passes?

During which phase of mitosis do centromeres line up along the cell equator?

In order to highlight the great care and caution that Fermi took while conducting his experiments, what does the author of "Enrico Fermi: The 'Italian Navigator

Two mechanics worked on a car. The first mechanic worked for 10 hours, and the second mechanic worked for 5 hours. Together they charged a total of $1000

If 0 < x < 1 and 0 < y < 1, which of the following must be true? A. xy> 0 B. xy < 0 C. x/y < 0 D. x-y > 0 E. x-y < 0 I found out the

ewomazinoade ewomazinoade · Answer 1 · 2021-07-01T14:34:48-04:00

Answer:

D

Explanation:

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

A natural monopoly occurs due to the high start-up costs or a large economies of scale.

Natural monopolies are usually the only company providing a service in a particular region

Characteristics of natural monopolies

they have a large fixed cost
The firms have a low marginal cost
They occur naturally through the free market. It does not occur by government regulation or any other force

Sagot :

Other Questions