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FanyarBriafi
FanyarBriafi FanyarBriafi
  • 21-06-2016
  • Social Studies
Answered

Natural monopolies occur

Verified Answer :

andriansp andriansp
  • 01-07-2016

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

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