- UID
- 217791
- 帖子
- 223
- 主题
- 174
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
|
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 |
|