返回列表 发帖

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

返回列表