What Is a Natural Monopoly? How Is It Different from Other

question 20

Essay

What is a natural monopoly? How is it different from other monopolies?

---

Definitions:

Cohort Study

A research method that follows a group of people over time to study their exposures and the subsequent outcomes.

Myocardial Infarction

Also known as a heart attack, it occurs when blood flow to a part of the heart is blocked for a long enough time that part of the heart muscle is damaged or dies.

Smokers

Individuals who habitually use tobacco products, especially cigarettes.

Cross-Sectional Study

An observational research method that collects data from a group of subjects at a single point in time to examine relationships between variables.