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Question 49

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Figure: Water Works Use the following to answer questions: Figure: Water Works -(Figure: Water Works) Look at the figure Water Works, which describes a small town's water works, a natural monopoly. If the water works is unregulated and maximizes profit, what price will it charge to each customer? A) $21 B) $13 C) $6 D) $5
-(Figure: Water Works) Look at the figure Water Works, which describes a small town's water works, a natural monopoly. If the water works is unregulated and maximizes profit, what price will it charge to each customer?


A) $21
B) $13
C) $6
D) $5

Correct Answer:

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