People who don't read a lot of books tend to read best-sellers. What is this trend an example of?
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People who don't read a lot of books tend to read best-sellers. The example of this is natural monopoly.
Explanation:
Natural monopoly is when a certain company produces the same product as the others but sells it in a lower price to gain the demand rate. According to the law of natural monopoly, there cannot be more than one supplier in the market with the capability to produce the good at that lower rate.
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