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Author Question: Choose the statement that best describes the dilemma facing the regulator of a natural monopoly. (Read 19 times)

Deej

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on: Oct 12, 2022

Question 1

One method of regulating a natural monopoly is known as average-cost pricing. Using this method, the regulator requires that the price be set equal to
◦ average fixed cost.
◦ marginal cost.
◦ long-run average cost.
◦ internal cost.
◦ average variable cost.

Question 2

Choose the statement that best describes the dilemma facing the regulator of a natural monopoly.
◦ Both kinds of regulation have the same implications for allocative efficiency.
◦ Marginal-cost pricing will result in productive and allocative inefficiency; average-cost pricing will not.
◦ Marginal-cost pricing leads to profit or losses; average-cost pricing results in allocative inefficiency.
◦ Marginal-cost pricing will result in allocative inefficiency; average-cost pricing leads to profits or losses.
◦ There is no dilemma.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Deej on Oct 12, 2022

koung719

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deej

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Reply 2 on: Oct 12, 2022
:D TYSM

kusterl

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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