There are several types of market imperfections. Explain the natural monopoly

Begin each written assignment by identifying the question number you are answering followed by the actual question itself (in bold type).

Use a standard essay format for responses to all questions (i.e. an introduction, middle
paragraphs and conclusion).

Responses must be submitted as a MS Word Document only, typed double-spaced, using a
standard font (i.e. Times New Roman) and 12 point type size. Name of my course is business and society, please use business and it’s environment by David Baron as a source

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