Why don't natural monopolies usually produce an amount of output such that p= MC? Could the monopolist

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Why don't natural monopolies usually produce an amount of output such that p= MC? Could the monopolist be forced to produce where p= MC in the case of a natural monopoly?

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Posted Date: Jan 08, 2021 07:24 AM

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Why don't natural monopolies usually produce an amount of output such that p= MC? Could the monopolist

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1 If a monopolist produces where pMC then they would be leaving money on the table in the form of po... View the full answer

Microeconomics and Behavior

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