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Author Question: Consider the case of a natural monopoly with falling long-run average costs. If regulation sets the ... (Read 27 times)

acwiles

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on: Oct 12, 2022
Consider the case of a natural monopoly with falling long-run average costs. If regulation sets the price equal to marginal cost, then
◦ the demand curve would shift to the left.
◦ the firm would operate at a loss and eventually go out of business.
◦ the outcome would be allocatively inefficient.
◦ shortages would result.
◦ the firm would earn economic profits.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by acwiles on Oct 12, 2022

annaelena92

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Reply #1 on: Oct 12, 2022
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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acwiles

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Excellent

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