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the industry deman… Show more Natural monopoly is said to

Paper help Economics the industry deman… Show more Natural monopoly is said to

Economics

the industry deman… Show more Natural monopoly is said to

the industry deman… Show more Natural monopoly is said to exist when(see analysis in Chapter 11) Answer the industry demand curve intersects the firm%u2019s average total cost curve at a rate of production below the rate of production consistent with minimum ATC. there are high barriers to entry. costs are the same for all companies in the industry. it is more cost efficient to have multiple firms. • Show less

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