Exhibit 15-1
-If the natural monopoly in Exhibit 15-1 is regulated so that it 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
Correct Answer:
Verified
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