Purchase Solution

Natural monopoly examples

Not what you're looking for?

Ask Custom Question

Can you help me get started with this assignment?

What is natural monopoly? Can you give some examples for natural monopoly?

Economists usually favor private ownership to public ownership of natural monopolies, why is it?

Purchase this Solution
Solution Summary

The expert examines natural monopoly. Examples are provided. The response addresses the queries posted in 323 Words, APA References

Solution Preview

The response addresses the queries posted in 323 Words, APA References

Natural Monopoly

A natural monopoly depicts the cost structure of a firm that includes eminent fixed cost and enormously reduced constant marginal cost. An industry is found to be in the state of natural monopoly only if one firm is capable of producing requisite output that too at a minimized social cost in comparison to two or more firms. This means that there exist the economies of scale, especially in terms of social costs. A natural monopoly persists especially in those conditions where there is huge scope ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
Recent Feedback
  • "Thank You so much! "
  • "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
  • "great job. I will need another help from you. "
  • "first class!"
  • "Thank you for your great notes. Will you be willing to help me with one more assignment? "
Purchase this Solution
Free BrainMass Quizzes
Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

View More Free Quizzes
Related BrainMass Solutions

  • Monopoly and its Effect on Society

    - Find two examples of monopolies and they cannot be the same type of monopoly (no choosing two government monopolies for example). - Briefly describe what makes your examples a monopoly. - How did they become a monopoly?

  • Monopolies

    AT&T and Standard Oil are debatable examples of the breakup of a private monopoly.

  • Traditional examples of natural monopolies

    What is an example of a natural monopoly? Will a monopoly always produce at a profit-maximizing level of output? Explain.

  • Provide examples of a monopoly market.

    The following posting provides examples of a monopoly market.

  • natural monopoly

    187973 Natural monopoly A function of government is to regulate "natural monopolies." Explain what is a natural monopoly and why it requires government regulation.

  • What is the theory of natural monopoly?

    What is the theory of natural monopoly? The theory of natural monopoly states that in various industries, certain competitors will have created a natural monopoly due to demand + the industry conditions.

  • Natural Monopoly Problem

    Natural Monopoly: example (telecommunications company) What is a natural monopoly and what has happened to natural monopolies in recent years? A natural monopoly is a special type of monopoly.

  • Explaining Monopoly Markets

    Some of the characteristics of monopoly apply to the firm. A monopoly is a firm that is the sole seller of a product without close substitutes. Piedmont Natural Gas is not the sole natural gas seller in Tennessee.

  • private goods, public goods, natural monopolies, and open-access goods

    349140 Private Goods, Public Goods, Natural Monopolies, & Open-Access Explain the differences between private goods, public goods, natural monopolies, and open-access goods. Provide examples of each with your explanations. Public vs.

View More Related Solutions