Explain why goods provided by natural monopolies, Microeconomics

Assignment Help:

Explain why goods provided by natural monopolies are often publicly owned.

It would seem that most normal monopolies come with high MSB and also that society has deemed these goods far too societally significant to be owned/operated by private interests. Therefore, water, gas, sewage, public transportation, telecom etc, is often wholly in the hands of government or local municipal ownership - or at least control.

 


Related Discussions:- Explain why goods provided by natural monopolies

Theories of the firm, how a firm will choose its optimal inputs, isocosts a...

how a firm will choose its optimal inputs, isocosts and isoquants explanation

Aspects of basic analytical frameworks in modern economics, What are the ba...

What are the basic analytical frameworks of modern economics? The fundamental analytical framework of modern economics: The fundamental analytical framework for an econom

Advanced microeconomics, PRODUCTION AND PRODUCTIVITY DIAGRAM BEHAVIORAL REL...

PRODUCTION AND PRODUCTIVITY DIAGRAM BEHAVIORAL RELATIONSHIP

Analyze the economic factors, Question 1: Using relevant examples to il...

Question 1: Using relevant examples to illustrate your arguments analyze the different economic impacts of tourism and discuss the different ways in which government can maximi

Analytical framework- shapes of graphs, ive been asked to compare shapes of...

ive been asked to compare shapes of graphs e.g. constant slopes increasing, decreasing, inelastc using the concepts of marginal and average changes?

Profits, explain abnormal profits and normal profits

explain abnormal profits and normal profits

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd