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got2pass got2pass
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A year ago
The economic efficiency of a natural monopoly can be improved with the use of two-part tariffs because it allows the monopoly to

▸ charge users separately for fixed and variable costs.

▸ lower its total costs.

▸ charge users according to their willingness to pay.

▸ charge users according to their ability to pay.

▸ charge residential users different rates than business users.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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djl4909djl4909
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A year ago
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