Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 15 - Part V - Monopoly - Quick Check Multiple Choice - Page 324: 1

Answer

D

Work Step by Step

The lower a company's average total cost, the better chance they are - or are becoming - a natural monopoly.
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