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PaulKet PaulKet
wrote...
Posts: 488
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6 years ago
Which of the following total cost functions suggests the presence of a natural monopoly?
A) TC = 2Q
B) TC = 100 + 2Q
C) TC = 100 + 2Q2
D) All of the above
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 65 times
2 Replies
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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Answer verified by a subject expert
unExpectedunExpected
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Posts: 267
6 years ago
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* Majoring in business & math

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PaulKet Author
wrote...
6 years ago
Smiling Face with Open Mouth Yay, got perfect on my quiz
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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