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Author Question: A likely cause of a natural monopoly occurring in some industry is (Read 39 times)

blkth103

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on: Oct 12, 2022

Question 1

Natural barriers to firms to entering an industry include
◦ increasing-cost production.
◦ control or ownership of the entire supply of an essential raw material.
◦ large economies of scale in the industry.
◦ a government-awarded franchise.
◦ a patent which allows production by only the patent holder.

Question 2

A likely cause of a natural monopoly occurring in some industry is
◦ sabotage.
◦ licenses.
◦ patents.
◦ scale economies.
◦ charters.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by blkth103 on Oct 12, 2022

hvhf4k+549qz8f218jyo@shar

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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blkth103

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

kswal303

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Reply 3 on: Yesterday
Excellent

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