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    Public Finance in Canada
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    Exam 16: Efficient and Equitable Taxation
  5. Question
    A Natural Monopoly Has
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A Natural Monopoly Has

Question 19

Question 19

Multiple Choice

A natural monopoly has


A) one buyer of output.
B) a single firm providing the entire industry output.
C) many producers of the same product.
D) easy access to the market.

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