Use the Information Below to Answer the Following Questions

question 103

Multiple Choice

Use the information below to answer the following questions.
Fact 12.5.1
Cascade Springs Inc.is a natural monopoly that bottles water from a spring high in the Rocky Mountains.The total fixed cost it incurs is $80,000,and its marginal cost is 10 cents a bottle.The demand curve for Cascade Springs bottled water is shown in the following figure: Figure 12.5.1
-Refer to Figure 12.5.1.Suppose the government regulates the firm with average cost pricing.The price of a bottle of water is

• A)$0.
• B)$0.50.
• C)$0.30.
• D)$0.10.
• E)$0.20.

---

Definitions:

Helper T Cells

A type of white blood cell that plays a crucial role in the body's immune system by helping to activate other immune cells.

Phagocytosis

The cellular process of engulfing solid particles by a cell to form an internal vesicle known as a phagosome.

Antibodies

Proteins produced by the immune system to identify and neutralize foreign substances like bacteria and viruses.

Antigens

Substances that the immune system recognizes as foreign, triggering an immune response; often parts of pathogens like bacteria, viruses, or fungi.