Natural Monopoly

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Title: Natural Monopoly

Essay Details:

Subject: Business

Author: Josephine G

Date: May 19, 2013

Level: University

Grade: A

Length: 3 / 619

Essay text:

With the support of the provided definition and of the textbook it would be too costly for two companies to establish a service such as electricity in any given area. This is why it is necessary to keep these services excluded to one company in large or small areas. The electrical company for the most part will provide service to a larger area then a telephone company. This is why in many areas there will be one electrical company whereas two or three telephone competitors may have been established. In addition, in the instance of an electrical company when a company is first setup the growth potential is all but a theory in other words unknown...

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