Average Cost Pricing Is Permitted

question 113

Multiple Choice

Average cost pricing is permitted

• A)when a service is produced by a natural monopoly.
• B)when few firms have the incentive to provide a service.
• C)in price-taking markets.
• D)when firms exhibit diseconomies of scale.

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Definitions:

Myosin

ATP-dependent motor protein; makes up the thick filaments in a sarcomere.

Actin

A globular protein that forms filaments, which are vital components of the cytoskeleton in all eukaryotic cells, involved in cell movement and structure.

Cross Bridge

A myosin projection on a muscle cell that connects with actin to contract muscle fibers, fundamental in muscle contraction.

Opposite Direction

Referring to a movement, orientation, or action that is directly contrary or reverse to another.