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natural monopoly
Difference between social accounting and social audit?
A natural environment is the environment which surrounds or that we live in while a social environment is the environment of people that surround us.
difference between labor law and social legislation
what is the difference between a comercial entrepreneur and social entrepreneur
What is the difference between a psychiatrist a psychologist and a psychiatric social worker?Give the answer
Natural environment is a god gifted,but social environment is artificial make by human. The natural environment is a infinity cycle of earth but artificial environment is not for unlimited it's a expired by human being one other. Because No one can gone against of nature.
i think there is no difference between two concepts.
Yes, it is more beneficial for the economy to have utilities as a monopoly, although they are considered as a 'natural' monopoly. Governments can nationalise the utility in order to maximise social welfare rather than maximise profit, this will keep prices low, keep output high and increase consumer surplus and consumer choice. Your welcome
Social Sciences include the study of economics, geography, history, political science, psychology, social studies, and sociology. Natural sciences are the disciplines that study Dichotomy between formalism and world veiw.
The definition for the word monopoly in social studies is "exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. "
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