In a natural monopoly, throughout the range of market demand
A) marginal cost is above average total cost and pulls average total cost upward.
B) marginal cost is below average total cost and pulls average total cost downward.
C) there are diseconomies of scale.
D) average total cost is above marginal cost and pulls marginal cost upward.
B
Economics
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A) 17 percent of GDP on health care. B) 100 percent of GDP on health care. C) 6 percent of GDP on health care. D) 2 percent of GDP on health care.
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