标题: does natural monopoly has a significant economies of scope? [打印本页] 作者: vagabond 时间: 2011-7-11 18:34 标题: does natural monopoly has a significant economies of scope?
Hi,
i have read in the textbook that a natural monopoly has high economies of scale. The 2010 qbank states one of the answer regarding natural monopoly as shown below:
A natural monopoly exists when economies of scale or scope are so significant that total industry production should be produced by only one firm.