(Table: Demand and Total Cost for Asgard) Use Table: Demand and Total Cost for Asgard. Valkyrie runs a natural monopoly that produces electricity for a small mountain village near Asgard. The table shows the demand facing Valkyrie and Valkyrie's total costs. The price effect of increasing production from 3 megawatts to 4 megawatts is:
A)-$150.
B)$500.
C)$450.
D)-$50.

Question

(Table: Demand and Total Cost for Asgard) Use Table: Demand and Total Cost for Asgard. Valkyrie runs a natural monopoly that produces electricity for a small mountain village near Asgard. The table shows the demand facing Valkyrie and Valkyrie's total costs. The price effect of increasing production from 3 megawatts to 4 megawatts is: 
A)-$150. 
B)$500. 
C)$450. 
D)-$50.

Quizplus · Accepted Answer

The Answer of (Table: Demand and Total Cost for Asgard) Use Table: Demand and Total Cost for Asgard. Valkyrie runs a natural monopoly that produces electricity for a small mountain village near Asgard. The table shows the demand facing Valkyrie and Valkyrie's total costs. The price effect of increasing production from 3 megawatts to 4 megawatts is: 
A)-$150. 
B)$500. 
C)$450. 
D)-$50.