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The fact that once an electric company installs lines, additional service has a minimal marginal cost illustrates: Group of answer choices The ineffective nature of
The fact that once an electric company installs lines, additional service has a minimal marginal cost illustrates: Group of answer choices The ineffective nature of government regulations in the utility sector. High profitability leading to continuous market entry. Why economies of scale can lead to a natural monopoly in utility services. A natural tendency towards perfect competition
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