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Author Question: When used with a natural monopoly, an average cost pricing rule results in A) the efficient level ... (Read 39 times)

ssal

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When used with a natural monopoly, an average cost pricing rule results in
 
  A) the efficient level of output.
  B) economic losses for the firm.
  C) the need for government to subsidize the natural monopoly.
  D) zero economic profit for the firm.
  E) the firm making an economic profit.

Question 2

How can a domestic producer determine whether or not it has a comparative advantage in the production of a good or service?
 
  A) It cannot.
  B) by comparing the price it receives to the prices of other domestic producers
  C) by comparing the price it receives to the world price
  D) by comparing the quantity it produces to the quantity produced in the world
  E) by comparing the total domestic quantity to the total world quantity


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Beatricemm

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ssal

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Reply 2 on: Jun 29, 2018
Excellent


nguyenhoanhat

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Reply 3 on: Yesterday
Gracias!

 

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