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Author Question: Refer to the above table. The market quantity supplied when the price is 7 is A) 0. B) 20. C) ... (Read 53 times)

rl

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  • Posts: 579
on: Jun 29, 2018
Refer to the above table. The market quantity supplied when the price is 7 is
 
  A) 0.
  B) 20.
  C) 29.
  D) 38.

Question 2

In average cost pricing, the natural monopoly would have to set price equal to
 
  A) AFC.
  B) AVC.
  C) ATC.
  D) MC.


strudel15

  • Sr. Member
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  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


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