Economy, asked by arunrgs2344, 1 year ago

why is a water company a good example of a natural monopoly

Answers

Answered by vipbhai

Explanation:

Regulation of Natural Monopolies Therefore, without government intervention, they could abuse their market power and set higher prices. Therefore, natural monopolies often need government regulation. For example, OFWAT and OFGEM regulate the water and energy markets respectively.

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