It is usually asserted that public utilities such as electric companies and gas companies are natural monopolies,

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It is usually asserted that public utilities such as electric companies and gas companies are natural monopolies, but an assertion is not proof. How would you go about trying to prove (disprove) that electric companies and the like are (are not) natural monopolies?
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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