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Natural monopoly


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 ...

Natural Monopoly Definition | Investopedia


A natural monopoly is a type of monopoly that exists as a result of the high fixed costs or startup costs of operating a business in a specific industry. Additionally ...

What is a natural monopoly? definition and meaning


Definition of natural monopoly: Situation where one firm (because of a unique raw material, technology, or other factors) can supply a market's entire demand for ...

Natural Monopoly | Economics Help


Nov 28, 2012 ... An example of a natural monopoly is tap water. It makes sense to have just one company providing a network of water pipes and sewers ...

The Myth of Natural Monopoly | Mises Institute


Most so-called public utilities have been granted governmental franchise monopolies because they are thought to be "natural monopolies." Put simply, a natural ...

Natural Monopolies - Boundless


Learn more about natural monopolies in the Boundless open textbook.

OECD Glossary of Statistical Terms - Natural monopoly Definition


A natural monopoly exists in a particular market if a single firm can serve that market at lower cost than any combination of two or more firms.

Natural Monopolies


A natural monopoly exists when average costs continuously fall as the firm gets larger. An electric company is a classic example of a natural monopoly. Once the  ...

Natural monopoly: A Glossary of Political Economy Terms - Dr. Paul ...


Theoretically, natural monopoly arises when there are very large "economies of scale" relative to the existing demand for the industry's product, so that the larger  ...

Natural Monopolies - MIT Economics


Aug 29, 2006 ... literature on the regulation of natural monopolies. ... Keywords: natural monopoly, economies of scale, sunk costs, price regulation, public.

Natural Monopoly
A type of monopoly that exists as a result of the high fixed or start-up costs of operating a business in a particular industry. Because it is economically sensible to have certain natural monopolies, governments often regulate those in operation, en... More »
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Natural monopolies exist when one firm dominates an industry


A natural monopoly exists when a single firm can derive most the benefits of economies of scale available to the whole industry.

Natural Monopoly in Economics: Definition & Examples - Video ...


Aug 11, 2015 ... Find out what a natural monopoly is and why they exist. Learn about some everyday services that you use that are provided by companies that ...

Explaining Natural Monopoly | Economics | tutor2u


What is a natural monopoly?For a natural monopoly the long-run average cost curve (LRAC) falls continuously over a large range of output. The result may be ...