A natural monopoly has
a) a long - run average cost curve that is everywhere upward sloping.
b) a lower average cost of producing the market demand than two or more firms would have.
c) diseconomies of scale.
d) control of natural resources used in production.
e) less market power than a created monopoly.

Question

10-06-2024
Business

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A natural monopoly has
a) a long - run average cost curve that is everywhere upward sloping.
b) a lower average cost of producing the market demand than two or more firms would have.
c) diseconomies of scale.
d) control of natural resources used in production.
e) less market power than a created monopoly.

Sagot :

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