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Exhibit 13-3 a Monopolist

Question 16

Multiple Choice

Exhibit 13-3 A monopolist
Exhibit 13-3 A monopolist In Exhibit 13-3, if this industry is regulated and the regulatory commission wants revenue to just cover cost, the proper price and output combination to be set is: A) price = $10; output = 25. B) price = $8; output = 30. C) price = $5; output = 40. D) price = $4; output = 25.
In Exhibit 13-3, if this industry is regulated and the regulatory commission wants revenue to just cover cost, the proper price and output combination to be set is:


A) price = $10; output = 25.
B) price = $8; output = 30.
C) price = $5; output = 40.
D) price = $4; output = 25.

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