bn:01392924n
Noun Concept
Categories: Monopoly (economics), Market failure
EN
natural monopoly  natural monopolies  Technical monopoly
EN
A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors. Wikipedia
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EN
A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors. Wikipedia
Type of monopoly where the average costs are always decreasing throughout the market demand Wikidata
Wikipedia
Wikidata