Natural monopoly, Management Theories

Describe and examine the concept of natural monopoly.

a)  How is a natural monopoly definite?

b)  Describe and examine advantages and disadvantages of setting a regulated natural monopoly's price to either marginal or average cost, respectively.

c)  Name three (possible) real-life natural monopolies of your choice. Why are they natural monopolies?

 

Posted Date: 3/19/2013 3:53:27 AM | Location : United States







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