Question

Suppose that the price of a bottle of vitamins is $1.33 and that at that price the total quantity demanded by consumers is 75,000,000 bottles. how many firms will there be in this industry?

Answer 1

There is only one firm since it is a natural monopoly. This monopoly in a commerce in which high infrastructural prices and other blockades to pass qualified to the size of the market give the leading supplier in a commerce, frequently the first supplier in a market, a crushing advantage over possible competitors.