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Business, 03.11.2020 16:20 amanditafarinap3bw7g
uppose that Rowan, Inc. builds a high-speed, magnetically powered transportation system from New York to Los Angeles, which is the only firm providing this service. High fixed costs resulting from the enormous quantity of capital used in this system enable decreasing average cost for any conceivable level of demand. This monopoly would result from:
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uppose that Rowan, Inc. builds a high-speed, magnetically powered transportation system from New Yor...
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