When private firms gain monopoly power, usually because of economies of scale, they are in a position to restrict production and raise price with little worry of competition; these are known as natural monopolies.
natural, geographic, technological, government
Monopolies would harm the U.S Economy because it would close out the window for competition, and free market.
I think it would be down to earth or Natural I think natural is the best word to describe it
Hard, durable, rigid, natural.
Average costs drop as production rises. This is why natural monopolies are possible.
They don't exist...monopolies are caused by government intervention in the market. Excessive regulations, permits, fees etc. create barriers to entry for competitive entrepreneurs, and there is often times legislation passed in favor of large corporations. A truly competitive free market does not have monopolies.
Government mandated monopolies hurt the economy by forbidding competitors that would have lowered prices. The non-government monopolies, who just were monopolies for being so great at offering the lowest prices and best products, did not harm the economy.
dont know
I would describe the rule as one of the simplest possible.The product is odd only if each of the natural numbers is odd. If any one of them is even, the product is even.I would describe the rule as one of the simplest possible.The product is odd only if each of the natural numbers is odd. If any one of them is even, the product is even.I would describe the rule as one of the simplest possible.The product is odd only if each of the natural numbers is odd. If any one of them is even, the product is even.I would describe the rule as one of the simplest possible.The product is odd only if each of the natural numbers is odd. If any one of them is even, the product is even.
The government can break up monopolies and block potential mergers which may reduce competition.
Natural monopolies are industries where a single company can provide goods or services more efficiently and at a lower cost than multiple companies. Examples include water and electricity utilities. These monopolies can impact the market by potentially limiting competition, leading to higher prices and reduced consumer choice. Regulatory oversight is often necessary to ensure fair pricing and access for consumers.
natural numbers