Also, the costs of transporting cement in excess of land are large, so a cement plant in a place devoid of use of water transportation could be a all-natural monopoly.Now consider the marketplace demand from customers curve during the diagram, which intersects the extended-operate average Value (LRAC) curve at an output degree of five,000 planes ea
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Authorized and regulatory barriers make reference to federal government barriers such as policies and regulations that govern market entry and operations within just specific industries. These barriers secure client protection, be certain reasonable Opposition, and boost public welfare. However, they're able to build hurdles for new enterprises get
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