A market with a natural cost advantage to having only one provider of a service is a:

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A natural monopoly occurs when a single firm can provide a good or service to an entire market at a lower cost than any potential competitor. This cost advantage arises due to economies of scale, network effects or exclusive control over a scarce resource. As a result, allowing multiple firms to compete would not lead to lower prices or better services, but rather to inefficiencies and duplication of resources. Therefore, natural monopolies are often regulated by the government to ensure fair pricing and quality standards for consumers.

A Market with a Natural Cost Advantage to Having Only