Business, 10.04.2020 04:57 jc95704816

Natural monopolies form when:
O small firms merge to form larger firms
O one firm has control over the entire supply of a basic input required to produce the product
O one firm's monopoly position is created and enforced by the government
O one firm receives patent protection for certain basic production processes
O economies of scale result as a firm expands output

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Natural monopolies form when:
O small firms merge to form larger firms
O one firm has...

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