Which of the following would create a natural monopoly? A. anexclushe right granted to supply...

80.2K

Verified Solution

Question

Economics

Which of the following would create a natural monopoly? A. anexclushe right granted to supply a good or service B. a patentgravited the producer of the good or service. C. ownership of allthe avalatifu units of a necessay input D. requirement of agovernment scense belore the firm can sell the good or service E.Echnology enading a sirgle firm to produce at a lower average costthan two or mone firms

image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students