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Author Question: Regulators usually encourage natural monopolists to engage in A) marginal cost pricing. B) ... (Read 121 times)

cnetterville

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Regulators usually encourage natural monopolists to engage in
 
  A) marginal cost pricing.
  B) average cost pricing.
  C) marginal cost pricing, with subsidies from the government offsetting the losses.
  D) inefficient pricing.

Question 2

Which of the following is NOT a characteristic of firms in a monopolistically competitive market?
 
  A) advertising
  B) differentiated products
  C) ease of entry and exit
  D) existence of significant economies of scale


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Bigfoot1984

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