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History, 26.09.2019 06:30 ciarapacheco

When does a natural monopoly arise?

when a single seller buys or takes over all the competitors in the market

when multiple sellers have access to scarce natural resources in a region

when economies of scale occur over a relevant range of output

when a limited number of sellers decide to jointly sell their products

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When does a natural monopoly arise?

when a single seller buys or takes over all the com...

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