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1 October, 05:56

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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  1. 1 October, 06:14
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    Answer:one firm receives patent protection for certain basic produced process.

    Explanation: when a firm get patent, monopoly sets in as the firm will be the only one involved in the production of that goods and services throughout the duration of that patent.
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