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pirex pirex
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Posts: 634
6 years ago
If the government attempts to force a natural monopoly to charge a price equal to marginal cost    
A) the natural monopoly will shut down.
B) the natural monopoly will still make high profits.
C) the natural monopoly's marginal cost curve will shift up.
D) total welfare is maximized.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 61 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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LBCeaLBCea
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Posts: 1248
6 years ago
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Helped a lot
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Just got PERFECT on my quiz
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You make an excellent tutor!
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