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28 January, 20:04

What does the government issue to people that also creates monopolies? (Natural Monopoly)

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  1. 28 January, 20:21
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    When the government allows or creates a monopoly within a market, that is in essence a government monopoly ... Natural monopolies often arise due to the rarity of a material used in production or to high production costs, which causes a natural lack of competition.
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