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Why might cement production give rise to a natural monopoly in a local market? Group of answer choices Because cement is not a necessity, and
Why might cement production give rise to a natural monopoly in a local market? Group of answer choices Because cement is not a necessity, and consumers can opt for substitutes. Because companies require special permission to operate in this market, which is rarely given. Because high transportation costs and economies of scale limit competition. Because the government has enacted laws creating legal monopolies for cement producers
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