Economy, asked by wolverine388, 9 months ago

Distinguish between natural and artificial monopolies

Answers

Answered by killergirl1681
26

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✧ Nαturαl :- It σccurѕ mσѕtlч ín prσvíѕíσn σf puвlíc ѕєrvícєѕ ѕuch αѕ wαtєr.

✧ An αrtífícíαl mσnσpσlч íѕ whєrєвч α lαrgє fírm íѕ αвlє tσ mαíntαín cσntrσl σf αn índuѕtrч ѕσ much thαt ít вєcσmєѕ díffícult fσr σthєrѕ tσ gєt ín.

♡ Hope it helps uh Plz maƦk as bƦainliest ♡

Answered by itzSnehal
12

❍ Nαturαl :- It σccurѕ mσѕtlч ín prσvíѕíσn σf puвlíc ѕєrvícєѕ ѕuch αѕ wαtєr.

❍ An αrtífícíαl mσnσpσlч íѕ whєrєвч α lαrgє fírm íѕ αвlє tσ mαíntαín cσntrσl σf αn índuѕtrч ѕσ much thαt ít вєcσmєѕ díffícult fσr σthєrѕ tσ gєt ín.

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