Quickshotgirl
29.01.2020 •
Mathematics
How does a natural monopoly function?
a: imperfect competition makes it difficult for firms to do business.
b: a few firms are in perfect competition.
c: the government supplies all buyers with the product
d: a single firm supplies all the output.
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Ответ:
D: a single firm supplies all the output.
Step-by-step explanation:
A natural monopoly runs most efficiently when one large firm supplies all of the output.
A natural monopoly occurs when the most efficient number of firms in the industry is one. As the name suggests, monopoly means single. We can also say that it is a market structure characterized by a single seller, selling a unique product in the market.
Ответ: