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A natural monopolyrefers to a monopoly that is defended from direct competition by

    a. economies of scale over a broad range of output.    b. a government franchise.    c. control over a vital input.    d. a patent or copyright.

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/06/07
Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

I Will choose Option " A " ...

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option : >>>>>>>>>>>>>>>>>> a. economies of scale over a broad range of output

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

 a.>>>>>>>>>>>>>>>>>>>>>>> economies of scale over a broad range of output. 

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

Is right a. economies of scale over a broad range

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

    a. economies of scale over a broad range of output.

Deleted user
by Deleted user

A

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Thanks

Sashikanta Mohapatra
by Sashikanta Mohapatra , Manager - Business Development/Sales Process Deployment , Vodafone Spacetel Limited

1st option - Option A is the right answer.

Deleted user
by Deleted user

b. a government franchise

 

occasionally , governments control some kind of business to sustain economy and preserve national security