Use the Following to Answer Questions: Figure: Monopoly 8

question 93

Multiple Choice

Use the following to answer questions: Figure: Monopoly 8
-(Figure: Monopoly 8) If the government set price equal to average cost, the natural monopolist in this figure would produce:

• A) 9 units of output.
• B) 10 units of output.
• C) 14 units of output.
• D) 17.5 units of output.

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