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Compared to a perfectly competitive market, a natural monopolist will have a.) ______________ (higher / lower / either higher or lower) average costs and may charge a b.)_______…
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Compared to a perfectly competitive market, a natural monopolist will have a.) ______________ (higher / lower / either higher or lower) average costs and may charge a b.)_______…
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Dec 28, 2020
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Compared to a perfectly competitive market, a natural monopolist will have a.) ______________ (higher / lower / either higher or lower) average costs and may charge a b.)______________ (higher / lower / either higher or lower) price.
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Answer:
A). Lower
B). Lower
C). Higher
I think so not sure of my answer
OneRaynyDay
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Jan 2, 2021
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OneRaynyDay
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