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Business, 21.05.2020 18:01 zombieslayas8500

All of the following statements are true regarding the possible outcomes if antitrust authorities decide to divide a natural monopoly except: Select the correct answer below: a. Two firms may coordinate their behavior to keep prices high. b. The economy would become less productively efficient. c. When there is a downward-sloping average cost curve, two smaller firms will always have lower average costs of production than one larger firm for any quantity of total output. d. If one of the firms grows larger, it will have lower average costs and may be able to drive its competitor out of the market.

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