答案如下
When a regulatory agency imposes a price ceiling in order to limit monopoly profits to a fair rate of return, the monopolist must sell at a price determined by the intersection of the:
A) demand curve and the average variable cost curve.
B) demand curve and the average total cost curve.
C) marginal revenue curve and the marginal cost curve.
D) demand curve and the marginal revenue curve.
The correct answer was B) demand curve and the average total cost curve.
When a regulatory agency imposes a price ceiling in order to limit monopoly profits to a fair rate of return, the monopolist must sell at a price equal to average total cost.
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发表于 2006-4-3 12:21
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