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Which of the following statements are true about this natural monopoly? Check all that apply. l:l The satellite T'u' company is experiencing cliseconomies of scale.
Which of the following statements are true about this natural monopoly? Check all that apply. l:l The satellite T'u' company is experiencing cliseconomies of scale. l:l In order for a monopoly to exist in this caser the government must have interyened and created it. l:l It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. l:l The satellite TV company must own a scarce resource. True or False: Without goyernment regulation, natural monopolies always earn zero prot in the long run. O True O False
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