A natural monopoly would benefit by being broken into many smaller firms.

Name: A natural monopoly would benefit by being broken into many smaller firms.
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Question

Quizplus · Accepted Answer

A natural monopoly exists when a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale. Breaking it into smaller firms would likely increase costs and prices for consumers.

A Natural Monopoly Would Benefit by Being Broken into Many