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Why are utilities, such as electricity and water, examples of natural monopolies
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Feb 25, 2018
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Why are utilities, such as electricity and water, examples of natural monopolies
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Matt Mangold
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Natural monopoly exist when one firm can supply the entire market at a lower per unit cost than could two or more separate firms. This being the case, public utilities such as water, gas and electricity are examples of natural monopolies.
Rob Volgman
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Feb 27, 2018
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electricity and water are examples of natural monopolies because they are all started up in local companies such as the Florida power and light and the water and sewage department
MatheusOl
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Mar 1, 2018
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