Which of the following is a reason why the U.S. Justice
Department does not outlaw all...
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Economics
Which of the following is a reason why the U.S. Justice
Department does not outlaw all monopolies? Question 12 options: 1)
Monopolies always earn an economic profit. 2) Natural monopolies
can produce at lower average total cost than would be possible if
the market were competitive. 3) Monopolies produce more than a
competitive industry would. 4) Monopolies always produce more
efficiently than competitive firms.
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