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-The Figure Above Shows the Costs and Demand Curves for the Bigshow

Question 264

Multiple Choice

-The figure above shows the costs and demand curves for the Bigshow Cable Company. If the firm is required to set its price according to an average cost pricing rule, the price is ________ and the quantity produced is ________ million. A) $8; 1 B) $6; 1 C) $6; 2 D) $4; 3
-The figure above shows the costs and demand curves for the Bigshow Cable Company. If the firm is required to set its price according to an average cost pricing rule, the price is ________ and the quantity produced is ________ million.


A) $8; 1
B) $6; 1
C) $6; 2
D) $4; 3

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