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Author Question: For a monopoly to be a natural monopoly (Read 66 times)

Shelles

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on: Apr 19, 2019

Question 1

It would be inefficient to break up a ________ monopoly.


◦ government created
◦ price‐fixing
◦ cartelized
◦ natural

Question 2

For a monopoly to be a natural monopoly


◦ economies of scale must be realized at a scale that is close to total demand in the market.
◦ economies of scale must be realized at a scale that is small relative to the market.
◦ there must be constant returns to scale.
◦ the long-run average cost curve must continue to increase until it hits the market demand curve.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Shelles on Apr 19, 2019

iceage

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Shelles

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Reply 2 on: Apr 19, 2019
Excellent

patma1981

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  • Posts: 292
Reply 3 on: Yesterday
Great answer, keep it coming :)

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