question archive State True or False and justify your answer: A monopoly is most likely to emerge and be sustained when firms have U-shaped long-run average total cost curves

State True or False and justify your answer: A monopoly is most likely to emerge and be sustained when firms have U-shaped long-run average total cost curves

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State True or False and justify your answer:

A monopoly is most likely to emerge and be sustained when firms have U-shaped long-run average total cost curves.

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