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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
If a local government awards the right to be a monopoly to the firm that bids the highest amount, the price of the good will be the same as if the government instead used average-cost pricing to regulate the monopoly.
A) True
B) False
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kingbykingby
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#1
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Posts: 3218
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8 years ago
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#2
8 years ago
I compared your answer with a buddy, and it matches

Thanks
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#3
8 years ago
I instantly knew the answer when I read the question, happy to help
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