Also known as: nm.
NM stands for various terms. Discover the full forms, meanings, and possible interpretations of NM across different fields and industries.
In some industries, economies of scale are so strong that it makes most economic sense for there to be only one supplier. This type of industry is considered a natural monopoly, since competition will eventually tend to concentrate output in one producer (and this is, in any event, the most efficient way to organize production). Governments usually attempt to oversee the operation of natural monopolies through either public ownership or regulation.
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