In what sense is a natural monopoly "natural"? Explain.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter9: Monopoly
Section: Chapter Questions
Problem 9RQ: What is a natural monopoly?
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In what sense is a natural monopoly "natural"? Explain.

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