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Why does the government often allow natural monopolies to exists?

The government often allows natural monopolies to exist because they can lead to more efficient production and lower costs due to the economies of scale inherent in certain industries, such as utilities and public transportation. Regulating these monopolies helps ensure fair pricing and access for consumers while avoiding the inefficiencies that could arise from multiple competing firms. By overseeing operations, the government can also ensure that essential services are provided reliably and equitably to all citizens.


Are all Chick-fil-A franchises closed on Sunday?

Yes, all Chick-fil-A franchises are closed on Sunday.


Are patents trademarks and copyrights all government granted monopolies?

Yes; patents and copyrights are temporary monopolies.


Which statement BEST describes a benefit of natural monopolies like utilities?

One company controls all the means of production of a product. Hope I'm helpful!


Are all subway stores franchises?

yes


What did cartels monopolies and trusts as well as horizontal and vertical integration all share a goal of?

cartels, monopolies, trust, and horizontal and vertical integration all share the goal of


What were two practices used to develop monopolies?

Two practices used to develop monopolies are controlling all the steps in a business process and driving out all of the competitors.


True or false All monopolies are bad?

false


Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of?

cartels, monopolies, trust, and horizontal and vertical integration all share the goal of


Cartels monopolies trusts as well as horizontal and vertical integration all share what goal?

cartels, monopolies, trust, and horizontal and vertical integration all share the goal of


Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of .?

cartels, monopolies, trust, and horizontal and vertical integration all share the goal of


What Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of?

cartels, monopolies, trust, and horizontal and vertical integration all share the goal of