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Title: Suppose a monopolist has costs such that when output is 500 units per hour, average costs are $3. If ... Post by: sinerus on Aug 29, 2017 Suppose a monopolist has costs such that when output is 500 units per hour, average costs are $3. If the monopolist is regulated by a policy of average-cost pricing, the monopolist will charge a price of
A) $3 only if the quantity demanded is greater than 500 units at a price of $3. B) $3. C) $3 only if the quantity demanded is 500 units per hour at a price of $3. D) $3 only if the quantity demanded is less than 500 units per hour at a price of $3. Title: Re: Suppose a monopolist has costs such that when output is 500 units per hour, average costs are ... Post by: tristion on Aug 29, 2017 Content hidden
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