An industry where the most efficient production is through a monopoly.
Related information about natural monopoly:
- Natural monopoly - Wikipedia, the free encyclopedia
A monopoly describes a situation where all (or most) sales in a market are undertaken by a single firm. A natural monopoly by contrast is a condition on the ...
- Natural Monopoly Definition
Jun 16, 2005 ... A natural monopoly is a monopoly that exists because the cost of producing the product (i.e., a good or a service) is lower due to economies of ...
- Natural Monopoly Definition | Investopedia
A type of monopoly that exists as a result of the high fixed or start-up costs of operating a business in a particular industry. Because it is economically sensible to ...
- Natural Monopoly
by Fred E. Foldvary, Senior Editor. The great evil in economics is not communism , not socialism, not capitalism, not landlords or bosses, not unions, not ...
- Monopoly - Natural Monopoly
A natural monopoly exists when there is great scope for economies of scale to be exploited over a very large range of output. Indeed the scale of production that ...
- Natural monopoly: A Glossary of Political Economy Terms - Dr. Paul ...
Theoretically, natural monopoly arises when there are very large "economies of scale" relative to the existing demand for the industry's product, so that the larger ...
- What is natural monopoly? definition and meaning
Definition of natural monopoly: Situation where one firm (because of a unique raw material, technology, or other factors) can supply a market's entire demand for ...
- The Myth ofNatural Monopoly - Ludwig von Mises Institute
It is a myth that natural monopoly theory was developed first by economists, and then ... dence of the "natural monopoly" story ever having been carried out-of ...