Antitrust legislation is an attempt by government to make competition

Use the data in the table above and suppose that labor is the only variable factor of production. When 122 dozen donuts are produced at Decent Donuts, the MC curve

A) has a positive slope. B) shows the effect of increasing marginal returns. C) Both answers A and B are correct. D) Neither answer A nor B is correct.

Which of the following average cost functions suggests the presence of a natural monopoly?

A) AC = 2 B) AC = 100/Q + 2 C) TC = 100/Q + 2Q D) All of the above.