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Homework answers / question archive / If the government attempts to break up a natural monopoly to enforce competition in an industry, a

If the government attempts to break up a natural monopoly to enforce competition in an industry, a

Marketing

If the government attempts to break up a natural monopoly to enforce competition in an industry,

a. the average cost of producing the good will increase.

b. the smallest firm will have a significant cost advantage over the larger, less efficient firms.

c. the average cost of producing the good will decrease.

d. the price paid by consumers will be expected to remain the same.

Option 1

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