Which of the following is not a condition that leads to a natural monopoly? Select the correct answer below O Economies of scale are large relative to quantity demanded. O Marginal cost of adding an additional customer is high O A single producer can serve the entire market more efficiently Quantity demanded is less than minimum quantity it takes to reach the bottom of the long average cost curve.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
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Chapter14: Monopoly
Section: Chapter Questions
Problem 14.1P
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Which of the following is not a condition that leads to a natural monopoly?
Select the correct answer below
O Economies of scale are large relative to quantity demanded.
O Marginal cost of adding an additional customer is high
O A single producer can serve the entire market more efficiently.
Quantity demanded is less than minimum quantity it takes to reach the bottom of the long-run average cost cunve.
When it comes to anti poverty programs they cost the government money. As with all economic considerations, the choices
which are made, effect costs. This is true for anti poverty programs, just like any other economic program In relation to the
poverty trap what is the major issues regarding choices to address the "poverty trap7
Seiect the correct answer below
O Slowly phasing out government payments can cost more money for the program
O More people are more kely to want to work it on the program
slowly phasing out government payments can cost less money for the program
O More people are more ly to buy homes on the program
Transcribed Image Text:Which of the following is not a condition that leads to a natural monopoly? Select the correct answer below O Economies of scale are large relative to quantity demanded. O Marginal cost of adding an additional customer is high O A single producer can serve the entire market more efficiently. Quantity demanded is less than minimum quantity it takes to reach the bottom of the long-run average cost cunve. When it comes to anti poverty programs they cost the government money. As with all economic considerations, the choices which are made, effect costs. This is true for anti poverty programs, just like any other economic program In relation to the poverty trap what is the major issues regarding choices to address the "poverty trap7 Seiect the correct answer below O Slowly phasing out government payments can cost more money for the program O More people are more kely to want to work it on the program slowly phasing out government payments can cost less money for the program O More people are more ly to buy homes on the program
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