harshaseeram1778 harshaseeram1778
  • 21-10-2020
  • Business
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Why are natural monopolies allowed to exist?​

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squidkid064
squidkid064 squidkid064
  • 21-10-2020

Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor, and at a volume that can service an entire market. ... Since it's economically sensible to have utilities operate as natural monopolies, governments allow them to exist.

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