aof.sorular.net
Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Monopoly and Imperfect Competition soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Monopoly and Imperfect Competition soru detayı:
SORU:
When does a natural monopoly occur?
CEVAP:
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.