Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 12 - Pure Monopoly - Discussion Questions - Page 275: 8


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Natural monopolies generally are regulated, for due to the high price of entering the industry, there are very few, if any, competitors. As a result, the government will regulate prices to keep these businesses from taking advantage of people.
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