If an average cost pricing rule is imposed on the natural monopoly shown in the figure above, then the price will be
A) $2.
B) $4.
C) $5.
D) $6.
B
Economics
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Which of the following is not an example of a capital resource?
a. a drill press machine b. a pitch fork c. a commercial sewing machine d. 100 acres of farmland in central California
Economics
Since the end of World War II, corporate income taxes have accounted for
a. an increasing share of federal revenue. b. a steady share of federal revenue. c. a declining share of federal revenue. d. a rising share of revenue until 1980, and then a falling share.
Economics