BU224: Microeconomics "Natural Monolopy"

Economics
Tutor: None Selected Time limit: 1 Day

How does the concept of the natural monopoly for local utilities represent a long-term cost savings for users of such services?

May 25th, 2015

Because the markets populated by such natural monopolies (large parts of energy, water, food and transportation) are worth trillions of dollars, are rife with inefficiencies, and are under threat from smart entrepreneurs with new types of strategies to reach customers. When natural monopolies lose their status, it can unlock massive economic shifts in favor of those entrepreneurs.

May 25th, 2015

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May 25th, 2015
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May 25th, 2015
Dec 11th, 2016
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