Introduction to Economics 1 Deneme Sınavı Sorusu #727452

.......... occurs when economies of scale are so large that one firm can supply the entire market at a lower average cost than two or more firms.


 Competition

Government regulation

Ownership

Collusion

A natural monopoly


Yanıt Açıklaması:

A natural monopoly occurs when economies of scale are so large that one firm can supply the entire market at a lower average cost than two or more firms. The correct answer is E.

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