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    Principles of Economics
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    Exam 15: Monopoly
  5. Question
    When a Natural Monopoly Exists, It Is Never More Cost-Effective
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When a Natural Monopoly Exists, It Is Never More Cost-Effective

Question 12

Question 12

True/False

When a natural monopoly exists, it is never more cost-effective for two or more private firms to produce the product.

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