The manufacture of Prolene is an industry that offers such large production economies of scale that single-firm

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The manufacture of Prolene is an industry that offers such large production economies of scale that single-firm production of the product is the most efficient industry structure This industry can, therefore, be described as

A a pure monopoly

B. an actual monopoly

C. a government franchise monopoly

D. a natural monopoly

Related Book For answer-question

Management Accounting

ISBN: 9780730369387

4th Edition

Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey

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Posted Date: Jul 06, 2022 02:15 AM

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The manufacture of Prolene is an industry that offers such large production economies of scale that single-firm

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D A natural monopoly A natural monopoly is an indu... View the full answer

Management Accounting

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