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Exhibit 15-4 If Regulators Allow the Natural Monopolist in Exhibit

Question 122

Multiple Choice

Exhibit 15-4 Exhibit 15-4 If regulators allow the natural monopolist in Exhibit 15-4 to earn only a normal profit, it will produce an output equal to A) 0 B) g C) h D) i E) j If regulators allow the natural monopolist in Exhibit 15-4 to earn only a normal profit, it will produce an output equal to


A) 0
B) g
C) h
D) i
E) j

Correct Answer:

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