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Anybody taking the AP Micro/Macro Economics tomorrow?

post #1 of 5
Thread Starter 
Im f*cked for it. Anywayz in my sh*t it has natural monopoly....is this the same thing as a pure monopoly or perfect monopoly? Do the graphs look the same? I cant see anything in my book about this.
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post #2 of 5
Thread Starter 
If you know all of this stuff IM me on AIM. My screen name is supermacG9.
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post #3 of 5
[quote]Originally posted by TigerWoods99:
<strong>Im f*cked for it. Anywayz in my sh*t it has natural monopoly....is this the same thing as a pure monopoly or perfect monopoly? Do the graphs look the same? I cant see anything in my book about this.</strong><hr></blockquote>

I believe that the distinctions between these is not the graphs but what the means for regulation is. Natural monopolies, if I remember, are things like utilities where it's actually more cost efficient to merge together and monopolize because start-up costs are so expensive. So in these cases, the government allows the monopoly to exist but regulates it. Hope that helps you.
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post #4 of 5
Thread Starter 
But it's not a regulated monopoly is it?
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post #5 of 5
So how was it?
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