Asked by G
In a natural monopoly:
A) Society would be better off if antitrust laws were used to create many different firms in the market
B) The marginal cost curve is positively sloped
C) If the government requires marginal cost pricing, it must pay the monopolist subsidy
D) The marginal revenue curve is horizontal
I picked C?
A) Society would be better off if antitrust laws were used to create many different firms in the market
B) The marginal cost curve is positively sloped
C) If the government requires marginal cost pricing, it must pay the monopolist subsidy
D) The marginal revenue curve is horizontal
I picked C?
Answers
Answered by
economyst
I agree
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