Author Question: For a regulated natural monopoly, an average cost pricing rule sets price equal to A) average ... (Read 139 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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library