asked 95.1k views
4 votes
Natural monopolies form when:

O small firms merge to form larger firms
O one firm has control over the entire supply of a basic input required to produce the product
O one firm's monopoly position is created and enforced by the government
O one firm receives patent protection for certain basic production processes
O economies of scale result as a firm expands output

asked
User DKATyler
by
8.3k points

1 Answer

5 votes

Answer:one firm receives patent protection for certain basic produced process.

Explanation: when a firm get patent , monopoly sets in as the firm will be the only one involved in the production of that goods and services throughout the duration of that patent.

answered
User Joe Belladonna
by
8.5k points
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