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What kind of market runs most efficiently when only one firm supplies all the goods or services?

User Hithyshi
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It is called "natural monopoly".

A natural monopoly is a sort of imposing business model that exists because of the high fixed expenses or startup expenses of working a business in a particular industry. Moreover, natural monopolies can emerge in ventures that require unique crude materials, innovation or other comparable components to work.
User Marcel Blanck
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