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September 20, 2014

Homework Help: Microeconomics

Posted by G on Tuesday, September 23, 2008 at 10:31am.

In a natural monopoly:

A) Society would be better off if antitrust laws were used to create many different firms in the market

B) The marginal cost curve is positively sloped

C) If the government requires marginal cost pricing, it must pay the monopolist subsidy

D) The marginal revenue curve is horizontal

I picked C?

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