Ask Question
16 July, 16:39

Explain how and why governments may want to regulate the price setting of a natural monopoly.

+5
Answers (1)
  1. 16 July, 16:49
    0
    The reason why government may want to regulate the price setting of natural monopoly because they are a high scale of economy and because of that, competition is not encouraged They have the power to have prices to be set as high in market compared to the market who are referred to be more competitive.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Explain how and why governments may want to regulate the price setting of a natural monopoly. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers