Answer this question… Only one company offers bus service to a major city.
The Meralco Electric Company is a perfect example of monopoly in the Philippines
The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.
Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.
One business would control an entire industry
USPS (united states postal service)
a example of a
Tesco is a fine example of a monopoly in the UK
Petroleum Company
Meralco :)
The Meralco Electric Company is a perfect example of monopoly in the Philippines
Moved on Flat Street
Listening to information, and then thinking on it and processing it would be an example of reflecting.
The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.
Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.
One business would control an entire industry
USPS (united states postal service)
you can make a sentence using any word. for example: "I love monopoly." said Sammy, as they walked to the game hall.