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AndrewKraus AndrewKraus
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6 years ago
At a certain level of production, the average total cost faced by a monopolist is $6 and the marginal cost faced by the monopolist is $4. If the government decides to regulate the market by setting the price at the efficient price, the good will be sold at a price of:
A) $2 per unit.
B) $4 per unit.
C) $6 per unit.
D) $10 per unit.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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6 years ago
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AndrewKraus Author
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6 years ago
Needed this for my economics assignment, thanks
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