Examlex
Carbon dioxide makes up 21% of the air we breathe.
Natural Monopolies
A market structure where a single firm can supply a product or service more efficiently than any potential competitor, often due to high infrastructure costs or other barriers to entry.
Regulatory Commissions
Government agencies responsible for enforcing specific regulations to protect public interest in various sectors.
Contain Costs
Strategies or measures implemented to prevent expenses from rising or to reduce them.
Natural Monopolies
Occur in industries where high infrastructure costs and other barriers to entry effectively prevent competition, with utility companies often cited as examples.
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