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Author Question: If the government attempts to force a natural monopoly to charge a price equal to marginal cost, ... (Read 114 times)

tatyanajohnson

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on: Jul 1, 2018
If the government attempts to force a natural monopoly to charge a price equal to marginal cost,
 
  A) the natural monopoly will shut down.
  B) the natural monopoly will still make high profits.
  C) the natural monopoly's marginal cost curve will shift up.
  D) total welfare is maximized.

Question 2

If firms in a competitive market are not identical, then an increase in cost will
 
  A) shift marginal cost to the right.
  B) push the most inefficient firms out of the market.
  C) push the most efficient firms out of the market.
  D) Need more information.
Microeconomics ¦ Perloff ¦ 8th Edition
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jharrington11

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tatyanajohnson

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Reply 2 on: Jul 1, 2018
Wow, this really help

alexanderhamilton

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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