A natural monopoly exists whenever economies of scale are very extensive. a. True b. False ...

Author Question: A natural monopoly exists whenever economies of scale are very extensive. a. True b. False ... (Read 40 times)

dbose

Hero Member
Posts: 597

on: Jun 30, 2018

A natural monopoly exists whenever economies of scale are very extensive.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The law of diminishing marginal utility states that marginal utility must diminish after the first unit of consumption of every good or service.
a. True
b. False
Indicate whether the statement is true or false

emilymalinowski12

Sr. Member
Posts: 338

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

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