Question: When the demand for a good service limits the quantity that can be sold to an output at which the firm experiences economies of scale.

When the demand for a good service limits the quantity that can be sold to an output at which the firm experiences economies of scale.

the firm is a natural monopoly

there are close substitutes for the good the firm produces

the firm is a single-price monolpoly

the firm is well protecte3d from competition by a legal barrier

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