The Diagram Below Shows Cost and Revenue Curves for a Natural

question 102

Multiple Choice

The diagram below shows cost and revenue curves for a natural monopoly producing electricity.Price is dollars per kilowatt hour and quantity is kilowatt hours per day.
FIGURE 12- 7
-Refer to Figure 12- 7.If this firm were unregulated and profit maximizing,its profit would be per day.

• A)$60 000
• B)$110 000
• C)$0
• D)$120 000
• E)$10 000

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