If the government regulates a natural monopoly by forcing the firm to set price equal to marginal cost,
A) the firm will earn a negative economic profit.
B) the firm will earn zero economic profit.
C) the firm will earn a fair economic profit.
D) the firm will earn a positive and large economic profit.
A
Economics
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An indifference curve represents bundles of goods that a consumer
A) views as equally desirable. B) ranks from most preferred to least preferred. C) refers to any other bundle of goods. D) All of the above.
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