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Monopoly Outcome 12 PRICE [Dollars per gigabyte of data) ATC MR ry QUANTITY (Gigabytes of data) Which of the following statements are true about this

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Monopoly Outcome 12 PRICE [Dollars per gigabyte of data) ATC MR ry QUANTITY (Gigabytes of data) Which of the following statements are true about this natural monopoly? Check all that apply. O It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. O The 5G LTE company is experiencing diseconomies of scale. O The 5G LTE company is experiencing economies of scale. O In order for a monopoly to exist in this case, the government must have intervened and created it. True or False: Without government regulation, natural monopolies never earn zero profit in the long run. O True O False

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