Real-life natural monopolies , Management Theories

 Describe and Examine the concept of natural monopoly.

a)  How is a natural monopoly definite?

b)  Describe and discuss benefits and drawbacks of setting a regulated natural monopoly's price to either marginal / average cost, respectively.

c)  Name 3 (possible) real-life natural monopolies of your choice. Why are they natural monopolies?

 

Posted Date: 3/18/2013 9:15:34 AM | Location : United States







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