Which of the following is true of a natural monopoly? * It experiences diseconomies of scale. ATC is lower if there is a single firm in the market. It occurs in a market that relies on natural...

Extracted text: Which of the following is true of a natural monopoly? * It experiences diseconomies of scale. ATC is lower if there is a single firm in the market. It occurs in a market that relies on natural resources for its production. There are decreasing returns to scale in the industry. O The government must provide the good or service to achieve efficiency.