Science, asked by vivekmesta87, 7 months ago

What is the international monopoly of electric current ​

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Answered by Anonymous
2

Answer:

In many countries, electric power companies own the whole infrastructure from generating stations to transmission and distribution infrastructure. For this reason, electric power is viewed as a natural monopoly.

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Answered by chetnapatel2324
1

A natural monopoly is a type of monopoly that exists due to the high start-up costs or powerful economies of scale of conducting a business in a specific industry. A company with a natural monopoly might be the only provider or a product or service in an industry or geographic location.

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