Natural monopolies occur

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asked Mar 18, 2017 49.7k views

1 Answer

JAre · Answer 1 · 2017-03-23T18:06:01+0000

Natural monopolies occur when :
- There are large economics of scale
- It's cheaper for business to do its activities compared to other business
- When fixed costs are very high and marginal cost is very low

hope this helps

Natural monopolies occur

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