Which of the following best describes the difference between

Last updated: 8/11/2023

Which of the following best describes the difference between a natural and geographical monopoly Natural monopolies usually exist in areas with high commerce while geographical monopolies exist in areas with little commerce Both are agricultural monopolies however natural monopolies exist only in extreme rural conditions Natural monopolies exist in areas with low commerce while geographical monopolies exist in areas with high commerce Natural monopolies exist solely in the agricultural sector of the economy while geographical monopolies exist across different sectors of the economy Qu 5 9