Comment Comment by leonidasrup Electric grid are excellent example of natural monopoly."An industry is a natural monopoly if a single firm can supply the entire market at a lower long-run average cost than if multiple firms were to operate within it."https://en.wikipedia.org/wiki/Natural_monopoly parent leonidasrup 2 months ago
"An industry is a natural monopoly if a single firm can supply the entire market at a lower long-run average cost than if multiple firms were to operate within it."
https://en.wikipedia.org/wiki/Natural_monopoly