_ A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.$?

_ A ______ is a market situation where economies of scale are so signi

1.	_ A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.$?
A.	Perfect monopoly
B.	Bilateral monopoly
C.	Natural monopoly
D.	Ordinary monopoly
Answer» D. Ordinary monopoly

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_ A ______ is a market situation where economies of scale are so significant that cost are only minimized when the entire output of an industry is supplied by a single producer so that the supply costs are lower under monopoly that under perfect competition.$?

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