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What Is a Natural Monopoly? List the Two Possible Alternatives

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What is a natural monopoly? List the two possible alternatives for promoting better economic outcomes where natural monopoly exists.


Definitions:

Elaborate Meals

Complex and often finely prepared dishes or series of dishes served in a high degree of detail and sophistication.

Emaciated

The physical condition of someone being abnormally thin or weak, often due to severe malnourishment or illness.

Anorexia Nervosa

A severe eating disorder characterized by self-imposed starvation and excessive weight loss due to an intense fear of gaining weight and a distorted body image.

Extremely Thin

Describing an object or individual of minimal thickness or body weight, often beyond what is considered healthy or normal.

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