A, b, or c?
In which diagram in a natural monopoly likely to be the case?
a, b, or c? explain why in each case.
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In which of the three diagrams is a perfect competition likely to be the market structure?
a, b, or c?
In diagram c a perfect competition is likely to be the market structure. The reason for this is that in case of perfect competition ...
The solution answers the question of which of the different diagrams is a perfect competition likely to be the market structure.