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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Unit 4 Week 5 DQ 1

Week 5 Dq 1

Q What characteristics of online social networks resemble those of a natural monopoly? Which characteristics do not? Also, what are your concerns and comments?

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A natural monopoly is that type of monopoly that exists in the market due to escalated costs or operating of some specific industries corresponding to a particular economy having least number of alternatives. They may vary from providing a particular good or service to a specified geographic location. It differs from common monopoly in the sense that it is only a situation in