One difficulty associated with average cost pricing regulation of natural monopolies is that firms have little or no incentive to minimize production costs

The opportunity cost of producing a unit of consumption at point b in the figure ________ point a

A) is greater than at B) is less than at C) cannot be compared with D) is the same as

At a fair carnival roulette wheel, a player can either win $10, $30, or $80 . Assuming a rational player, how much should the game owner charge the player, to maximize his own profit?

a. $30 b. $40 c. $50 d. $80