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    Economics for Business
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    Exam 11: Profit Maximisation Under Perfect Competition and Monopoly
  5. Question
    For a Natural Monopolist, Fixed Costs Are Very , While
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For a Natural Monopolist, Fixed Costs Are Very , While

Question 38

Question 38

Multiple Choice

For a natural monopolist, fixed costs are very , while marginal costs are relatively


A) low; low
B) high; low
C) high; high
D) low; high

Correct Answer:

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