Natural monopolies occur when one producer

a. can meet the market’s entire demand.

b. controls the method of production.

c. is the only one authorized to produce a given product.

d. creates unique products.

A). Can meet the market's entire demand.

Explanation:

Natural monopolies occur when a single firm or producer is able to supply a goods to meet the entire demand in the economy. The producer has economies of scale in operation. natural monopolies are created when a single producer is able to produce a large amount of goods more efficiently than many producers producing a smaller amount. These type of monopolies have falling average costs over a range of output.

Thus, the correct option is a, can meet the market's entire demand.

was my answer wrong?

answerindividual preferences are not revealed in the market for the good;