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    Exam 16: Real-World Competition and Technology
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    In a Natural Monopoly, and in Platform Monopolies That Have
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In a Natural Monopoly, and in Platform Monopolies That Have

Question 86

Question 86

Multiple Choice

In a natural monopoly, and in platform monopolies that have natural monopoly elements, the average cost:


A) decreases with additional production.
B) increases with additional production.
C) remains constant with additional production.
D) vacillates up and down with additional production.

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