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Author Question: When a firm is regulated so it uses an average cost pricing rule, the price A) exceeds average ... (Read 120 times)

Redwolflake15

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on: Jun 29, 2018
When a firm is regulated so it uses an average cost pricing rule, the price
 
  A) exceeds average total cost.
  B) equals marginal cost.
  C) is less than marginal cost.
  D) equals average total cost.
  E) equals marginal revenue.

Question 2

Fill in the blank: Other things constant, the growing availability of college degrees being offered through online programs will tend to ________ the price elasticity of demand for more traditional college degree programs.
 
  A) leave unchanged
  B) decrease
  C) increase
  D) alter for the better


billybob123

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

D

Answer to Question 2

C


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