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Use the Following Table to Answer the Question : Table

Question 54

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Use the following table to answer the question : Table 15-3: shows the average cost [AC],marginal cost [MC],and demand [D] curves for a natural monopoly;Qi denotes quantity and Pi denotes price. Use the following table to answer the question : Table 15-3: shows the average cost [AC],marginal cost [MC],and demand [D] curves for a natural monopoly;Qi denotes quantity and Pi denotes price. -In Figure 15-3,under marginal-cost pricing,a firm would require a government subsidy of at least _____ to remain profitable. A) P<sub>3</sub>CBP<sub>2</sub> B) P<sub>1</sub>AFP<sub>2</sub> C) P<sub>3</sub>CQ<sub>2</sub>O D) FBQ<sub>2</sub>Q<sub>1</sub>
-In Figure 15-3,under marginal-cost pricing,a firm would require a government subsidy of at least _____ to remain profitable.


A) P3CBP2
B) P1AFP2
C) P3CQ2O
D) FBQ2Q1

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