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25.5 a. What is a natural monopoly? b. Is natural monopoly a problem? c. Is it possible to solve the problem? d. Many old natural

25.5 a. What is a natural monopoly? b. Is natural monopoly a problem? c. Is it possible to "solve" the problem? d. Many old natural monopolies, like the post- and telecom services, are opened up to competition. Explain why with the help of a figure

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