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Author Question: In which of the following situations would a natural monopoly exist? (Read 106 times)

Scollins7

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on: Oct 12, 2022
In which of the following situations would a natural monopoly exist?
◦ A firm has a government charter to be the sole producer of some good.
◦ Only one firm is supplying a natural resource.
◦ One firm can most efficiently supply the entire market demand.
◦ A firm produces a product essential to national security.
◦ A firm is able to operate at the minimum point of its long-run average total cost curve.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Scollins7 on Oct 12, 2022

gcurrens

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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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Scollins7

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

AngeliqueG

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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