An industry that realizes such large economies of scale in producing its product that single-firm production of that good or service is most efficient is called ? | MCQ Hive

Economics Mcqs

Q An industry that realizes such large economies of scale in producing its product that single-firm production of that good or service is most efficient is called ?

A A. A fixed cost monopoly
B B. A natural monopoly
C C. A government franchise monopoly
D D. A economies of scale monopoly

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