One way to take advantage of economies of scale and to avoid the market power of a natural monopoly is through:
A) price control.
B) privatizing the monopoly.
C) breaking up the monopoly into several smaller companies.
D) penalty.

Question

Quizplus · Accepted Answer

Price control can help regulate the prices set by a natural monopoly, ensuring they are fair and closer to competitive market levels, thus taking advantage of economies of scale while avoiding excessive market power.

One Way to Take Advantage of Economies of Scale and to Avoid