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Author Question: The table shows the total costs for a monopoly.QuantityTotal Cost30$750040$740050$600060$3300Does ... (Read 114 times)

jlol3

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on: Nov 23, 2022
The table shows the total costs for a monopoly.

QuantityTotal Cost
30$7500​
40$7400​
50$6000​
60$3300​
Does this firm have a natural monopoly?
◦ yes, because average total cost is decreasing as quantity increases
◦ no, because average total cost is decreasing as quantity increases
◦ yes, because average total cost is increasing as quantity increases
◦ no, because average total cost is increasing as quantity increases
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by jlol3 on Nov 23, 2022

dsd1212

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Reply #1 on: Nov 23, 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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jlol3

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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