Business Studies, asked by yasho5865, 10 months ago

A natural monopoly refers to a monopoly that is defended from direct competition by

Answers

Answered by Siddharth011

Answer:

Explanation:

Effects of Monopoly Power

As a result, the firm has to lower the price of its good or service to increase the quantity sold. Therefore, a monopolist's marginal revenue (MR) is always less than the price (P) of its good or service

Previous Question

Next Question

Similar questions

Biology, 5 months ago

why arteries are thick wall blood vessels ...

Social Sciences, 5 months ago

Name at least five animals which are found in frigid zone?

Science, 5 months ago

a) Between the principal focus and the centre of curvature (b) At the centre of curvature (c) Beyond the centre of curvature (d) Between the pole of the mirror and its principal focus.

Math, 10 months ago

An array contains both positive and negative numbers in random order. Rearrange the array elements so that all negative numbers appear before all positive numbers.

English, 10 months ago

Netaji said to his countrymen," give me your blood, I shall give you freedom.(narration)...

India Languages, 1 year ago

Kya kark lagan ki kundli wale neelam pahen sakte hain...

History, 1 year ago

How many votes ambedkar got in 1946 assembly election?

History, 1 year ago

From where the copper chariot of harappan times was found...