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An instructor is preparing to teach in a virtual classroom with twenty-five learners. Ten of the learners, all from the same location, report that they cannot login to the virtual classroom. Which of the following is the MOST likely cause?
Marginal Cost
The expenses associated with creating an extra unit of a good or service.
Natural Monopoly
A market condition where the most efficient scale of production is achieved when a single firm supplies the entire market due to high fixed or start-up costs.
Price Discrimination
A pricing strategy where a firm sells the same product at different prices to different groups of consumers.
Monopoly Power
The ability of a firm to control market prices and output levels, typically due to the lack of significant competition.
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