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Loraine Loraine
wrote...
Posts: 4563
9 years ago
The outcome of regulating a natural monopoly using the marginal cost pricing rule is
A) that the firm makes a normal profit.
B) that the firm maximizes its profit.
C) that consumer surplus is less than what it would be if the firm maximized its profit.
D) an efficient level of production.
E) that the firm makes an economic profit.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 177 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
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Posts: 1913
9 years ago
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Loraine Author
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9 years ago
Correct Slight Smile TY
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Yesterday
this is exactly what I needed
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2 hours ago
Thank you, thank you, thank you!
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