Business, 15.04.2020 01:11 kaytlynnmeyer

A natural monopoly exists

A. when a monopoly firm faces a horizontal demand curve.
B. one firm can supply an entire market at a lower average total cost than can two or more firms.
C. the producers in an industry have formed a cartel.
D. diseconomies of scale exist in an industry.
E. a firm can engage in price discrimination.

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A natural monopoly exists

A. when a monopoly firm faces a horizontal demand curve.

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