Natural monopolies often are industries with high entry barriers.

Name: Natural monopolies often are industries with high entry barriers.
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Natural monopolies often have significant entry barriers due to factors such as high fixed costs, economies of scale, and limited availability of essential resources or infrastructure. These barriers make it difficult for new firms to enter the market and compete with the existing monopoly, thereby leading to a situation where a single firm dominates the market.

Natural Monopolies Often Are Industries with High Entry Barriers