Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
avinash0312 avinash0312
wrote...
Go to Answer
Posts: 474
Rep: 7 0
5 years ago
To be a natural monopoly, a firm must

• control a key resource input.

• have economies of scale that are so large that it can supply the entire market at a lower cost than two or more firms.

• have significant network externalities.

• be in a government-regulated market.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 31 times
2 Replies
Replies
Answer verified by a subject expert
ShayT0923ShayT0923
wrote...
#1
Posts: 387
Rep: 57 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

avinash0312 Author
wrote...
#2
5 years ago
Thank you for answering so quickly
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1117 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4427
  
 557
  
 412
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which 'study break' activity do you find most distracting?