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60. A natural monopoly has increasing returns to scale, so that a large producer has a relatively low average total cost. A) True B) False
60. A natural monopoly has increasing returns to scale, so that a large producer has a relatively low average total cost. A) True B) False
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
