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A ______ is a relatively rare market situation in which average total cost is minimized when only one firm produces the good.

A ______ is a relatively rare market situation in which average total cost is minimized when only one firm produces the good.
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A ______ is a relatively rare market situation in which average total cost is minimized when only one firm produces the good.

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User Rob Williams
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Answer: A natural monopoly is the answer.

Hope this helps!

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User Kingname
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