Unformatted text preview: are (or were) il-*t i-a i e*a monopolies' . il *l* it is less costly for one firm to produce Q- tJ.t*-l * to bare many firms produce smaller @f,Dta . t* t"rnt*.t O"finition of a natural monopoly is ' to?,=?;-.t,.J (although demand does matter)'...
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This note was uploaded on 12/29/2011 for the course ECON 6 taught by Professor Dianne during the Fall '10 term at Simon Fraser.
- Fall '10