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14 Dec 2017
80) Suppose instead that the government uses "average cost pricing" regulation. Under this system, output will equal and the firm will earn profits equal to A) 40; zero B) 90; + $270 C) 70; - $140 D) 90; zero E) 70; zero
80) Suppose instead that the government uses "average cost pricing" regulation. Under this system, output will equal and the firm will earn profits equal to A) 40; zero B) 90; + $270 C) 70; - $140 D) 90; zero E) 70; zero
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