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  • 05-02-2018
  • Business
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Electric providers like Edison are an example of what specific type of monopoly

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LearnGrow
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  • 14-02-2018
Electric providers  are an example of natural monopoly, as a specific type of monopoly  in which having a single firm that produces certain a product or service results in costs minimization.Having  multiple suppliers of the product or service would be wasteful. In this case, electric providers should build network infrastructure which is non-sense. Another examples include city water, natural gas,..
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