| http://www.w3.org/ns/prov#value | - Great contribution, Chamonix # Eline.echl.f09on 09 Dec 2009 at 8:50 am Industries such as natural gas and electricity, or in other words monopolies, try to obtain maximum profit by producing at the point where MR=MC. This makes them allocatively inefficient, producing at a price higher than both AC and MC, and productively inefficient, producing at a cost that lies higher than the lowest point on
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