Multiple Choice
Table 10.5,which is data for a monopolist.
-Refer to Table 10.5 to answer this question.What would be the output and price if this firm was regulated and required to charge a socially optimum price?
A) 4 and $52.
B) 4 and $64.
C) 5 and $60.
D) 6 and $56.
E) 9 and $44.
Correct Answer:
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