Can Monopolies Be Beneficial To Consumers?

63 words (0 pages) Essay

23rd May 2017 Economics Reference this

Tags:

Disclaimer: This work has been submitted by a university student. This is not an example of the work produced by our Essay Writing Service. You can view samples of our professional work here.

Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UKEssays.com.

Natural monopolies are a main type of monopoly. Natural monopolies may arise because a service may have high fixed cost attached with it is not profitable for a second firm to enter. It can also arise due to supply of geographical area. For example, the supply of diamond in the western’s world is mainly controlled by South Africa and in Trinidad and Tobago, WASA.

Cite This Work

To export a reference to this article please select a referencing stye below:

Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.
Reference Copied to Clipboard.

Related Services

View all

DMCA / Removal Request

If you are the original writer of this essay and no longer wish to have your work published on the UKDiss.com website then please: