Anatural monopoly occurs when a. production requires the use of free natural resources, such as water or air. b. the product is sold in its natural state, such as water or diamonds. c. there are economies of scale over the relevant range of output. d. the firm is characterized by a rising marginal cost curve.

A natural monopoly occurs when "C. there are economies of scale over the relevant range of output.".

Explanation: A natural monopoly arises when there is a total absence of competition, because said company can supply the market at a lower cost and with a higher quality than if there was competition.

The characteristics that this market can present are:

A very high level of investment is required (Economies of scale)

Use of natural resources, which are located in few places on our planet.

Patents that protect technological innovations

answer; (c) run the name by everyone you can;

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

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