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Loraine Loraine
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Posts: 4563
8 years ago
Earning-sharing regulation involves
A) setting the monopoly's price equal to its average total cost.
B) requiring that the monopoly share its profits with its customers if the profits rise above a certain level.
C) setting a maximum price the monopoly may charge and maintaining it for many years.
D) assuming a natural monopoly will not charge a higher than profit-maximizing price.
E) setting the monopoly's price equal to its marginal cost.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 427 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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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Loraine Author
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8 years ago
Helped a lot
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Brilliant
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Thanks
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