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A natural monopolyPart 2 A. allowsonlyasingleseller(inthemarket)givencurrentproductiontechnology. B. occurswhencompetitiveforcespushpricesup. C. typicallyhasdiseconomiesofscale. D. haslowfixedcostsandhighmarginalcosts.
A natural monopolyPart 2
A.
allowsonlyasingleseller(inthemarket)givencurrentproductiontechnology.
B.
occurswhencompetitiveforcespushpricesup.
C.
typicallyhasdiseconomiesofscale.
D.
haslowfixedcostsandhighmarginalcosts.
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