The larger the number of firms, the easier it will be for an industry to form a cartel.
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Q10: Technical conditions may create a natural monopoly.
Q11: According to the marginal principle, a monopolist
Q12: Increased competition from foreign producers in the
Q13: A monopolist is a price taker in
Q14: A natural monopoly will exist if demand
Q16: Market power in the U. S. economy
Q17: A monopoly is an industry with only
Q18: Market power in the U. S. has
Q19: Most U.S. industries with market power are
Q20: A monopolist's demand curve represents market demand
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