Why are utilities, such as electricity and water, examples of natural monopolies?
the cost of...
Computers and Technology, 02.10.2019 19:30 wallsdeandre6927
Why are utilities, such as electricity and water, examples of natural monopolies?
the cost of production restricts competition in the market.
there are limited natural resources to meet demand.
consumers only trust known companies to provide these essentials.
there is no need for alternative options.
Answers: 3
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