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Alinara [238K]
2 years ago
12

when the market demand curve crosses the long-run average total cost curve where average total costs are declining, the firm is

called
Business
1 answer:
cluponka [151]2 years ago
5 0

Answer: Natural monopoly

Explanation:

A natural monopoly is a form of monopoly that comee into being due to huge start-up costs and also economies of scale. A firm that has a natural monopoly may be the only producer of a particular good or service.

A natural monopoly occurs when the long-run average total cost curve is crossed by the markwt demand curve when the average total costs are still diminishing.

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The stockholders' equity section of the balance sheet for Potawatomi Corporation appeared as follows before its recent stock div
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Answer:

Common stock = $110,000

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Explanation:

Computation of the given data are as follows:

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3 years ago
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Answer:

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Explanation:

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