Which of the following is most likely a constant cost industry?

In the above figure, if this natural monopolist were forced to use marginal cost pricing, it would sell the product at the price

A) A. B) C. C) E. D) F.

Stick Storage manufactures and sells computer flash drives. Last year it sold 2 million flash drives at a price of $10 each. For last year, the firm's

a. accounting profit was $20 million. b. economic profit was $20 million. c. total revenue was $20 million. d. explicit costs was $20 million.