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-The Figure Above Shows the Market Demand Curve and the ATC

Question 27

Multiple Choice

-The figure above shows the market demand curve and the ATC curve for a firm.If all firms in the market have the same ATC curve,the figure shows a ________ can profitably operate. A) natural monopoly in which 1 firm B) natural oligopoly in which 2 firms C) natural oligopoly in which 3 firms D) natural oligopoly in which 4 firms E) natural oligopoly in which 5 or more firms
-The figure above shows the market demand curve and the ATC curve for a firm.If all firms in the market have the same ATC curve,the figure shows a ________ can profitably operate.


A) natural monopoly in which 1 firm
B) natural oligopoly in which 2 firms
C) natural oligopoly in which 3 firms
D) natural oligopoly in which 4 firms
E) natural oligopoly in which 5 or more firms

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