A Likely Cause of a Natural Monopoly Occurring in Some

question 98

Multiple Choice

A likely cause of a natural monopoly occurring in some industry is

• A)scale economies.
• B)patents.
• C)licenses.
• D)charters.
• E)sabotage.

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Definitions:

Aged

Referring to individuals who are considerably advanced in years; often used to describe the elderly population.

Canadian Population

The total number of people living in Canada, encompassing a diverse blend of ethnicities, cultures, and languages.

65 Years

Commonly refers to the age at which people are traditionally considered to be at the retirement age in many societies.

Elisabeth Kübler-Ross

A psychiatrist known for her pioneering work on the five stages of grief, significantly influencing the fields of palliative care and psychology.