In marginal cost pricing, the natural monopoly would have to set price equal to

A) AFC.
B) AVC.
C) ATC.
D) MC.

D

Economics

You might also like to view...

The effect of antidumping laws is to

A) put a floor on foreign prices. B) lower consumer surplus in the importing country. C) encourage domestic firms to allege dumping even when it might not be true. D) All of the above.

Economics

A contractionary monetary policy decreases net exports by ________ interest rates and ________ the value of the dollar

A) lowering real; decreasing B) lowering real; increasing C) raising nominal; increasing D) raising real; increasing

Economics