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A natural monopoly occurs when
A natural monopoly occurs when there are economies of scale over the relevant range of output.
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Asked 4/19/2013 12:12:36 PM
Updated 5/10/2018 4:38:38 AM
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This answer has been confirmed as correct and helpful.
Edited by Masamune [5/10/2018 4:38:37 AM], Confirmed by Masamune [5/10/2018 4:38:38 AM]
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