Answers FL-2102310-Economics Adult Credit Course SY2526 Market Structures and CompetitionQuestion 2

2

QuizMultiple Choice

Market Structures and Competition

Question 2 • FL-2102310-Economics Adult Credit Course SY2526

Natural monopolies occur when one producer

Answer

A

can meet the market’s entire demand.

B

controls the method of production.

C

is the only one authorized to produce a given product.

D

creates unique products.

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Natural monopolies occur when one producer