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    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
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    A Firm That Emerges as the Only Seller in an Industry
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A Firm That Emerges as the Only Seller in an Industry

Question 119

Question 119

Multiple Choice

A firm that emerges as the only seller in an industry with economies of scale is called a(n)


A) monopoly.
B) oligopoly.
C) monopsony.
D) natural oligopoly.
E) natural monopoly.

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