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-Refer to the Above Figure P5\mathrm { P } _ { 5 }

Question 226

Multiple Choice

   -Refer to the above figure.What are the price and quantity if this monopolist is required to use average cost pricing? A)   \mathrm { P } _ { 5 }  ,  \mathrm { Q } _ { 1 }  B)   \mathrm { P } _ { 3 }  ,  \mathrm { Q } _ { 3 }  C)   P _ { 2 }  ,  \mathrm { Q } _ { 1 }  D)   P _ { 1 }  ,  \mathrm { Q } _ { 4 }
-Refer to the above figure.What are the price and quantity if this monopolist is required to use average cost pricing?


A) P5\mathrm { P } _ { 5 } ,
Q1\mathrm { Q } _ { 1 }
B) P3\mathrm { P } _ { 3 } ,
Q3\mathrm { Q } _ { 3 }
C) P2P _ { 2 } ,
Q1\mathrm { Q } _ { 1 }
D) P1P _ { 1 } ,
Q4\mathrm { Q } _ { 4 }

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