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Author Question: If the technology for producing a good enables one firm to meet the entire market demand at a lower ... (Read 14 times)

Haya94

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on: May 24, 2019
If the technology for producing a good enables one firm to meet the entire market demand at a lower average total cost than two or more firms could, then that firm has
◦ patented the market.
◦ a natural monopoly.
◦ increasing average total costs.
◦ a legal barrier to entry.
◦ a discriminatory monopoly.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Haya94 on May 24, 2019

nixon_s

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Reply #1 on: May 24, 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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Haya94

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

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