Explain the difference between the natural monopoly justification for regulation and the public interest justification. Why is

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Explain the difference between the natural monopoly justification for regulation and the public interest justification. Why is the public interest justification applicable to a wider range of firms than the natural monopoly justification?

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Economics Theory And Practice

ISBN: 9781118949733

11th Edition

Authors: Patrick J. Welch, Gerry F. Welch

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