Why Do Additional Firms Often NOT Try to Compete with a Natural

question 206

Multiple Choice

Why do additional firms often NOT try to compete with a natural monopoly

• A)They fear retaliation in the form of pricing wars from the natural monopolist.
• B)They are unsure of the size of the market in general.
• C)They know they cannot achieve the same low costs that the monopolist enjoys.
• D)They see that the natural monopoly doesn't make a huge profit.

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Monozygotic

Referring to twins who originated from a single fertilized egg and are genetically identical.

DNA

Deoxyribonucleic acid, a self-replicating material present in nearly all living organisms as the main constituent of chromosomes, carrier of genetic information.

Evolutionary Advantage

A trait or characteristic that increases an organism's likelihood of survival and reproduction in its environment.