[Solved] Describe an example of a real-world industry or market th...

Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly

economics

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Describe an example of a real-world industry or market that would be considered by economists to be a natural monopoly. What characteristics of the industry make it a monopoly, What is the impact of the monopoly power on its customers, Why might the government want to regulate natural monopolies, How might such regulation be structured?

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