The firm described in _______ is a natural monopoly. The firm described in _______ is a monopoly and it may be a legal monopoly. The firm described in _____ can price discriminate because _____.
1.The firm described in (input source/author) is a natural monopoly.
2.The firm described in (input source/author) is a monopoly and it may be a legal monopoly.
3.The firm described in (input source/author) can price discriminate because (explain the reason).