Use the Following Table to Answer the Question : Table

question 76

Multiple Choice

Use the following table to answer the question : Table 15-3: shows the average cost [AC],marginal cost [MC],and demand [D] curves for a natural monopoly;Qi denotes quantity and Pi denotes price.
-In Figure 15-3,under marginal-cost pricing,the monopoly would earn:

• A)negative economic profit equal to P₃CBP₂.
• B)positive economic profit equal to P₂BQ₂O.
• C)negative economic profit equal to FBQ₂Q₁.
• D)positive economic profit equal to FCQ₂Q₁.

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