Answered

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Sometimes, monopoly forms, such as in the market for water or electricity. it would be inefficient for more than one company to be in this market. however, to prevent companies from charging outrageously prices, these industries are regulated by the .

Sagot :

Answer: Sometimes, a natural monopoly forms, such as in the market for water or electricity. It would be inefficient for more than one company to be in this market. However, to prevent companies from charging outrageously high prices, these industries are regulated by the government.

Explanation:

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