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Exhibit 15.4 -Refer to Exhibit 15.4,which Shows the Cost and Revenue Curves

Question 49

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Exhibit 15.4
Exhibit 15.4 -Refer to Exhibit 15.4,which shows the cost and revenue curves for a natural monopolist.If the natural monopoly is regulated and earns a normal profit,then _____ A) P = $24 and Q = 8. B) P = $22 and Q = 6. C) P = $24 and Q = 5. D) P = $20 and Q = 8. E) P = $18 and Q = 5.
-Refer to Exhibit 15.4,which shows the cost and revenue curves for a natural monopolist.If the natural monopoly is regulated and earns a normal profit,then _____


A) P = $24 and Q = 8.
B) P = $22 and Q = 6.
C) P = $24 and Q = 5.
D) P = $20 and Q = 8.
E) P = $18 and Q = 5.

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