A marginal cost pricing rule for a natural monopoly sets ________
A) price equal to marginal cost and greater than average total cost
B) marginal revenue equal to marginal cost
C) marginal revenue equal to average total cost
D) price equal to marginal cost
D
Economics
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The U.S. had a low fertility rate in the early nineteenth century
Indicate whether the statement is true or false
Economics
A major shortcoming of the Sherman Act was that:
A. It was too specific B. It was never enforced by the courts C. Violators of the act were forced out of business D. It did not explicitly state which activities were illegal
Economics