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The difference between a natural monnpoly and a monopoly is that: a/ a natural monopoly maximiizes profit at a quantity where marginal cost is rising.
The difference between a natural monnpoly and a monopoly is that:
a/ a natural monopoly maximiizes profit at a quantity where marginal cost is rising.
b/ a natural monopoly maximizes profit at quantity where margianal cos is falling.
c/ a natural monopoly does not maximize profit where marginal revenue equals marginal cost.
d/ a natural monopoly's margianl revenue curve is a horizontal line.
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