An internet service provider (ISP) can lower their average cost to provide internet to a region by having more and more customers. There is an initial high cost to put down infrastructure, but the most people that join and purchase service, the cheaper it becomes for everyone. Many ISP's are considered a O Unnatural Monopoly O Not a Monopoly Competitive Monopoly Natural Monopoly
An internet service provider (ISP) can lower their average cost to provide internet to a region by having more and more customers. There is an initial high cost to put down infrastructure, but the most people that join and purchase service, the cheaper it becomes for everyone. Many ISP's are considered a O Unnatural Monopoly O Not a Monopoly Competitive Monopoly Natural Monopoly
Chapter14: Monopoly
Section: Chapter Questions
Problem 14.1P
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Transcribed Image Text:An internet service provider (ISP) can lower their average cost to provide internet to a region by having more and more customers. There is an initial high cost to put
down infrastructure, but the most people that join and purchase service, the cheaper it becomes for everyone. Many ISP's are considered a
O Unnatural Monopoly
Not a Monopoly
Competitive Monopoly
Natural Monopoly
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