|
Title: Gene's Car Wash is a natural monopoly. To wash 100 cars a week, if Gene is unregulated, he would cha Post by: Loraine on Jun 21, 2015 Gene's Car Wash is a natural monopoly. To wash 100 cars a week, if Gene is unregulated, he would charge a price of $10. Gene's average total cost for washing 100 cars is $8, his average variable cost is $6, and his marginal cost is $4. If Gene is regulated using a marginal cost pricing rule, the price he is allowed to charge to wash 100 cars is
A) $10. B) $8. C) $6. D) $4. E) $400. Title: Re: Gene's Car Wash is a natural monopoly. To wash 100 cars a week, if Gene is unregulated, he would Post by: Smoooth on Jul 27, 2015 Content hidden
Title: Re: Gene's Car Wash is a natural monopoly. To wash 100 cars a week, if Gene is unregulated, he would cha Post by: Smoooth on Aug 31, 2015 You're welcome :-]
|