question archive State True or False and justify your answer: In the case of a natural monopoly (i
State True or False and justify your answer: In the case of a natural monopoly (i
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State True or False and justify your answer:
In the case of a natural monopoly (i.e. a firm whose average cost decreases as output increases due to large fixed and low marginal costs), the government should generally regulate the monopolist to charge a price equal to marginal cost.
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