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Author Question: If the regulator require a natural monopoly set its price equal to its marginal cost, that would ... (Read 81 times)

ss2343

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on: Jun 29, 2018
If the regulator require a natural monopoly set its price equal to its marginal cost, that would ensure
 
  A) an economic profit for the firm.
  B) zero economic profit for the firm.
  C) an economic loss for the firm.
  D) an accounting loss for the firms.

Question 2

The table above shows the marginal costs and marginal benefits of college education. If the market for college education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal external benefit is
 
  A) zero.
  B) 5,000.
  C) 4,000.
  D) 8,000.


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pallen55

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


ss2343

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Reply #2 on: Jun 29, 2018
Thank you :)


pallen55

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Reply #3 on: Jun 29, 2018
Happy to help you


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