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Business, 15.04.2020 00:14 gchippewa81

A natural monopoly a. is an example of a government-created barrier. b. exists when a single seller experiences lower average total costs than any potential competitor. c. exists when many sellers experience lower average total costs than potential competitors do. d. exists when a firm has sole ownership of a natural resource. e. is needed to make a profit in the long run.

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A natural monopoly a. is an example of a government-created barrier. b. exists when a single seller...
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