The Real Cause of Blackouts

[xorbie]

pvn,

not sure what you are asking for. there aren't a lot of examples that people who disagree with me fundamentally couldn't point to and say it was the government's fault or some such. however, whenever the fixed costs are so high and the variable costs relatively low, average cost is actually much lower when only one firm produces the product/service than when two firms produce it. competition or not.

[pvn]

[ QUOTE ]
pvn,

not sure what you are asking for. there aren't a lot of examples that people who disagree with me fundamentally couldn't point to and say it was the government's fault or some such. however, whenever the fixed costs are so high and the variable costs relatively low, average cost is actually much lower when only one firm produces the product/service than when two firms produce it. competition or not.

[/ QUOTE ]

There aren't a lot of examples of unicorns, either. I wonder why that is.

[xorbie]

[ QUOTE ]
[ QUOTE ]
pvn,

not sure what you are asking for. there aren't a lot of examples that people who disagree with me fundamentally couldn't point to and say it was the government's fault or some such. however, whenever the fixed costs are so high and the variable costs relatively low, average cost is actually much lower when only one firm produces the product/service than when two firms produce it. competition or not.

[/ QUOTE ]

There aren't a lot of examples of unicorns, either. I wonder why that is.

[/ QUOTE ]

let me try this again.there aren't a lot of examples that people who disagree with me fundamentally couldn't point to and say it was the government's fault or some such.

and even so, there are plenty of examples where one company provides a service in one area with almost no competition. there would obviously be more if not for various laws.

[BCPVP]

xorbie,

An article to consider on natural monopolies.