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115 pages • missing pub info (view editions)
ISBN/UID: 9781882577811
Format: Hardcover
Language: English
Publisher: Cato Institute
Edition Pub Date: Not specified
Description
Natural monopolies exist in those markets in which demand can be satisfied at lowest cost by the output of only one rather than several competing firms. Under such conditions, conventional wisdom suggests that government regulation must substitute...
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115 pages • missing pub info (view editions)
ISBN/UID: 9781882577811
Format: Hardcover
Language: English
Publisher: Cato Institute
Edition Pub Date: Not specified
Description
Natural monopolies exist in those markets in which demand can be satisfied at lowest cost by the output of only one rather than several competing firms. Under such conditions, conventional wisdom suggests that government regulation must substitute...