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HSA 26-27 Economics
Market Structures and Competition
Question 2
2
Assignment
Multiple Select
Market Structures and Competition
Question 2 • * HSA 26-27 Economics
What are some of the benefits of a natural monopoly? Check all that apply.
Answer
A
It can focus on serving customers first and foremost.
B
It can improve a product without worrying about competition.
C
It can supply all the customers in a market with a good or service.
D
It does not have to worry about costs because it is not run for profit.
E
It can work to improve a product due to pressure from other producers.
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