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The Diagram Below Shows the Market Demand Curve and the Cost

Question 82

Multiple Choice

The diagram below shows the market demand curve and the cost curves for a single firm.
The diagram below shows the market demand curve and the cost curves for a single firm. FIGURE 12- 6 -Refer to Figure 12- 6.Suppose the firm is being regulated using a policy of average- cost pricing.The resulting price and output would be A) P3 and Q1. B) P2 and Q2. C) P1 and Q1. D) P3 and Q2. E) P1 and Q2. FIGURE 12- 6
-Refer to Figure 12- 6.Suppose the firm is being regulated using a policy of average- cost pricing.The resulting price and output would be


A) P3 and Q1.
B) P2 and Q2.
C) P1 and Q1.
D) P3 and Q2.
E) P1 and Q2.

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