For a natural monopoly, the marginal cost of producing an additional unit of its product is relatively small.

Name: For a natural monopoly, the marginal cost of producing an additional unit of its product is relatively small.
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In a natural monopoly, the firm typically has significant control over the market and can set the price of its product above the marginal cost of production. Therefore, the marginal cost of producing an additional unit is relatively small compared to the price charged.

For a Natural Monopoly, the Marginal Cost of Producing an Additional