A monopolist that experience long run economy of scale over the entire market demand curve has a ...?
a. perfect competition
b. monopolistic competition
c. oligopoly
d. natural monopoly
Answer:
has a demand curve to that of a natural monopolist.having economies of scale over a long period of time means that the firm is experiencing constantly falling average cost
d
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b. monopolistic competition
c. oligopoly
d. natural monopoly
Answer:
has a demand curve to that of a natural monopolist.having economies of scale over a long period of time means that the firm is experiencing constantly falling average cost
d
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