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Author Question: If a natural monopoly is broken up into smaller competing firms, the price of the product (Read 79 times)

sammy

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on: May 25, 2020
If a natural monopoly is broken up into smaller competing firms, the price of the product
◦ will decrease because competition has increased.
◦ will increase because the smaller competing firms will face higher average costs of production than the natural monopolist will.
◦ will decrease because smaller firms are price takers.
◦ will increase because the monopolist no longer has to worry about keeping rivals from entering the industry.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by sammy on May 25, 2020

Animal_Goddess

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Reply #1 on: May 25, 2020
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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sammy

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

xoxo123

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Reply 3 on: Yesterday
Wow, this really help

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