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Author Question: In order to implement average cost pricing regulation, it is necessary to provide a natural ... (Read 71 times)

tingc95

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on: Jun 30, 2018
In order to implement average cost pricing regulation, it is necessary to provide a natural monopolist with a subsidy equal to the economic loss.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

You decide that it is time to buy a big family car. The opportunity cost you consider is:
 a. the cost of the car.
  b. the increase in comfort for your family while traveling.
  c. the return this money would have earned if it was invested otherwise.
  d. the inconvenience you and your family are bearing on account of your old car.


laurnthompson

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

C


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