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16 March, 18:59

When a firm experiences continually declining average total costs, the firm is a?

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  1. 16 March, 19:58
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    When the firm is to experience a declining average in total cost and are continually occurring, this is referred to be the natural monopoly. The natural monopoly usually happens when there is need of startup cost in a business and it will exist because of the result provided by it.
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