For a natural monopolist, fixed costs are very , while marginal costs are relatively

Name: For a natural monopolist, fixed costs are very , while marginal costs are relatively
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Question

For a natural monopolist, fixed costs are very 	, while marginal costs are relatively

Quizplus · Accepted Answer

For a natural monopolist, fixed costs are typically high due to the significant investment in infrastructure or technology required to operate. However, marginal costs are relatively low because once the infrastructure is in place, the cost of serving additional customers is minimal.

For a Natural Monopolist, Fixed Costs Are Very , While