How deos a monopoly market structure arise
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An industry is a natural monopoly when a single firm can supply a good or service to an entire market at a smaller cost than could two or more firms.
A natural monopoly arises when there are economies of scale over the relevant range of output.
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An industry is a natural monopoly when a single firm can supply a good or service to an entire market at a smaller cost than could two or more firms.
A natural monopoly arises when there are economies of scale over the relevant range of output.
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★Happy Womens Day★
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