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To Maximize Profits, an Unregulated Natural Monopolist Would Choose Which

Question 99

Multiple Choice

To maximize profits, an unregulated natural monopolist would choose which combination of price and output in Figure 27.1? A) P<sub>4</sub>, Q<sub>4.</sub> B) P<sub>2</sub>, Q<sub>2.</sub> C) P<sub>3</sub>, Q<sub>3.</sub> D) P<sub>1</sub>, Q<sub>1.</sub> To maximize profits, an unregulated natural monopolist would choose which combination of price and output in Figure 27.1?


A) P4, Q4.
B) P2, Q2.
C) P3, Q3.
D) P1, Q1.

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