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Home Q & A Board Other Fields Homework Help Business Economics
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chomtong chomtong
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7 years ago
For a monopoly to be a natural monopoly,
A) the long-run average cost curve must continue to increase until it hits the market demand curve.
B) economies of scale must be realized at a scale that is close to total demand in the market.
C) there must be constant returns to scale.
D) economies of scale must be realized at a scale that is small relative to the market.
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Akshtsaklani21Akshtsaklani21
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#1
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7 years ago
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chomtong Author
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7 years ago
Good timing, thanks!
fgarza2146
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Yesterday
Correct Slight Smile TY
Lawson1981
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2 hours ago
Thank you, thank you, thank you!
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