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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 years ago
To be a natural monopoly a firm must
A) control a key resource input.
B) have economies of scale that are so large that it can supply the entire market at a lower cost than two or more firms.
C) have significant network externalities.
D) be very large relative to the total market.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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VincenzoDVincenzoD
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9 years ago
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Tidy Author
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9 years ago
Just got PERFECT on my quiz
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You make an excellent tutor!
apelton
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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