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Question
what are some of the benefits of a natural monopoly? check all that apply. it can focus on serving customers first and foremost. it can improve a product without worrying about competition. it can supply all the customers in a market with a good or service. it does not have to worry about costs because it is not run for profit. it can work to improve a product due to pressure from other producers.
A natural monopoly can supply all customers in a market due to economies of scale. It can also improve products without competition concerns as it has market - dominance. It is not true that it focuses on customers first (it may have profit - motives), not true that it doesn't worry about costs (it still has costs), and not true that it improves due to pressure from other producers (it has no or few competitors).
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It can improve a product without worrying about competition.
It can supply all the customers in a market with a good or service.