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What is the difference between a classic monopoly and
natural monopoly?

1 Answer

7 votes

Answer:

economy scale

Step-by-step explanation:

he difference between a monopoly and a natural monopoly is the fact that natural monopolies have extreme economies of scale. That is to say that it can only start to become profitable when one single firm is able to service the majority of the market.

And I think you know what a Monopoly is??

User Scaryzet
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