Optimal price regulation sets price equal to

A) marginal cost.
B) average variable cost.
C) average cost.
D) minimum average cost.

A

Economics

You might also like to view...

What is a private cost of production? What is a social cost of production? When is the private cost of production equal to the social cost of production?

What will be an ideal response?

Economics

A bond purchaser bought a bond from which she receives $800 a year from the issuer. If the face value of the bond is __________ then the coupon rate is __________.

A. $10,000; 10 percent B. $8,000; 8 percent C. $10,000; 8 percent D. $8,000; 12 percent E. none of the above

Economics