answersLogoWhite

0

The difference between the term 'monopoly' and 'natural monopoly' is a monopoly is a market situation one group controls the availability and price of a service or item. A natural monopoly is a service or item that is provided by a single sorce. An example would be transportation like buses, or taxies.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is it called when the constant difference of any term and the previous term?

In an arithmetic sequence, the difference between any term and the previous term is a constant.


What is the difference between the term annuity with a small a and the term Annuity with a capital A?

I don't believe there is any difference.


What is the difference between a term and idea?

term is a word,idea is sentense


In the series 2 7 13 20 28 Which number comes next?

37. The difference between the 1st and 2nd term is 5, the difference between the 2nd and 3rd term is 6, the difference between the 3rd and 4th term is 7, etc. The next term is +9 from the last term given.


Difference between long term schulder and short term schulder?

term schulder


What is the difference between a short- and long-term goal?

the long term is different between a short term because the short


What is the difference between a term security and a demand security?

distinguish between a term security and a demand security


What is the difference between mob and maffia?

No difference. Mob is another term for mafia.


What is the difference between motor ship and motor vessel?

There is no difference between the term "motor ship" and the term "motor vessel." The two are commonly used interchangeably.


What is the similarity and difference between the cash budget and long term financial planning?

what is the difference and similarity between cash budget and long term financial planning


What is the term for the difference between the pressures inside and outside a tire?

The term for the difference between the pressures inside and outside a tire is called "tire pressure differential."


How do you spell monopley?

The term monopoly refers to limiting competition.Capitalized, it is the famous board game Monopoly.