Author Question: For a regulated natural monopoly, an average cost pricing rule sets price equal to A) average ... (Read 138 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
For a regulated natural monopoly, an average cost pricing rule sets price equal to
 
  A) average fixed cost.
  B) average total cost.
  C) average external cost.
  D) average variable cost.

Question 2

In the above table, the efficient level of output can be achieved through a per unit subsidy of
 
  A) zero.
  B) 20.
  C) 60.
  D) 120.



Benayers

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library