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Advanced Placement (AP), 12.05.2021 01:20 nicog94
The minimum efficient scale for a good is beyond the point of output where marginal cost intersects the demand curve. This describes (2 points)
diseconomies of scale
a legal monopoly
market power
comparative advantage
a natural monopoly
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The minimum efficient scale for a good is beyond the point of output where marginal cost intersects...
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