honeycfa

Which of the following statements regarding monopolies is least accurate?

A) Inefficient producers are able to survive.

B) Monopolists will try to get favorable treatment from the government called rent seeking.

C) Due to the law of diminishing returns, natural monopolies exhibit an upward sloping average total cost curve.

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Natural monopolies have economies of scale that are so pronounced their average total cost curve is downward sloping in the region of relevant market demand.

 

[此贴子已经被作者于2010-4-17 9:29:15编辑过]