Explain the term "natural monopoly."
What will be an ideal response?
Answer: When a firm supplies the entire market for a good or service more cheaply than a combination of smaller firms, it is said to have a natural monopoly.
Business
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________ is a qualitative assessment of the value of a message exposed in a particular medium
A) Media reach B) Media impact C) Media engagement D) Media efficiency E) Impression
Business
How are multinational enterprises regulated by the home state?
What will be an ideal response?
Business