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Sometimes it is more efficient for one firm to produce all the output for a given market. Which of the following describes this scenario? a.)
Sometimes it is more efficient for one firm to produce all the output for a given market.
Which of the following describes this scenario?
- a.)
- Diseconomies of scale
- b.)
- Price setting
- c.)
- Natural monopoly
- d.)
- Collusion
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Essentials of Economics
Authors: Bradley Schiller, Karen Gebhardt
10th edition
125923570X, 978-1259235702
