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Home Q & A Board Other Fields Homework Help Business Economics
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duo21 duo21
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A year ago
If an industry's demand conditions allow, at most, one firm to cover its costs while producing at its minimum efficient scale (MES), this situation is known as

▸ natural economic limits.

▸ declining marginal revenue.

▸ a natural monopoly.

▸ a discriminating monopoly.

▸ limited competition.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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drdaviddrdavid
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A year ago
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duo21 Author
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A year ago
Smart ... Thanks!
aznzergs
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Yesterday
This helped my grade so much Perfect
fxinternational
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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