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Author Question: A firm is best described as a natural monopoly if (Read 139 times)

moore.cailinf

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on: Oct 12, 2022
A firm is best described as a natural monopoly if
◦ its MC curve is downward sloping.
◦ there are no competing firms.
◦ its ATC curve is upward sloping.
◦ it holds an exclusive charter from the government.
◦ it can supply the entire market while minimizing its average costs.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by moore.cailinf on Oct 12, 2022

kalimarie

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Reply #1 on: Oct 12, 2022
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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moore.cailinf

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

lkanara2

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Reply 3 on: Yesterday
Excellent

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