Buy custom Is The Canadian Cable Television Industry a Natural Monopoly
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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2543 |
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A common example is water distribution, in which the main cost is laying a network of pipes to deliver water.
One firm can do the job at a lower average cost per customer than two firms with competing networks of pipes. Monopolies can arise unnaturally by a firm acquiring sole ownership of a resource that is essential to the production of a good or service, or by a government granting a firm the legal right to be the sole producer...
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Monopolies can arise unnaturally by a firm acquiring sole ownership of a resource that is essential to the production of a good or service, or by a government granting a firm the legal right to be the sole producer.
Other unnatural monopolies occur when a firm is much more efficient than its rivals for reasons other than economies of scale...
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Is The Canadian Cable Television Industry a Natural Monopoly
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