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2 May, 17:24

Most electric, gas, and water companies are examples of:

a. unregulated monopolies.

b. natural monopolies.

c. restricted-input monopolies.

d. sunk-cost monopolies.

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Answers (1)
  1. 2 May, 17:51
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    Natural monopolies

    Explanation:

    Natural monopolies occur when organizations have such a steep cost advantage that no one else can compete in the market, Think of power companies, it would be impossible for another company to create a second power grid to allow competition to enter.
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