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-The Figure Above Shows the Costs and Demand Curves for the Bigshow

Question 432

Multiple Choice

  -The figure above shows the costs and demand curves for the Bigshow Cable Company. If the regulator wants to set the price so that Bigshow earns the same normal profit as a perfectly competitive firm, what price should be set? A)  $8 B)  $6 C)  $4 D)  $2
-The figure above shows the costs and demand curves for the Bigshow Cable Company. If the regulator wants to set the price so that Bigshow earns the same normal profit as a perfectly competitive firm, what price should be set?


A) $8
B) $6
C) $4
D) $2

Correct Answer:

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