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Exhibit 15-4 -The Firm in Exhibit 15-4 Is a Natural Monopoly.If It

Question 31

Multiple Choice

Exhibit 15-4
Exhibit 15-4 -The firm in Exhibit 15-4 is a natural monopoly.If it is regulated so that it earns only a normal profit,the quantity and price are: A) 70 units and $38 B) 210 units and $35 C) 210 units and $9 D) 160 units and $28 E) 160 units and $22
-The firm in Exhibit 15-4 is a natural monopoly.If it is regulated so that it earns only a normal profit,the quantity and price are:


A) 70 units and $38
B) 210 units and $35
C) 210 units and $9
D) 160 units and $28
E) 160 units and $22

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