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Describe and examine the concept of natural monopoly.
a) How is a natural monopoly definite?
b) Describe and examine advantages and disadvantages of setting a regulated natural monopoly's price to either marginal or average cost, respectively.
c) Name three (possible) real-life natural monopolies of your choice. Why are they natural monopolies?
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Ms. Janice Alisha is a General Manager of Production in a company. She finds that there is a need to improve the motivation level of the employees. Suggest some of the motivation
Write a note on different types of groups. Explain.
4
What are the advantages of effiecient operation management
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