Flashcard sets with a 'natural monopoly' term meaning 'a relatively rare market situation in which average total cost is minimized when only one firm produces the particular good or service.'

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1-1 of 1Flashcard sets with a 'natural monopoly' term meaning 'a relatively rare market situation in which average total cost is minimized when only one firm produces the particular good or service.'
# Title Terms Date
1AP Econ Unit 3, Ch 22: Costs of Productionby cassondralovesjanessa25 termsSeptember 24, 2009
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