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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.

is it correct?

thanks




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