71) 72) 73)

Refer to the information prannirl'eetlT in Figure 13. 2'" below to answer the questionfs) filerfoiiow. 000 1,000 2.000 2,500 Q Number of cable subscribers Figure 13S}I 71} Refer to Figure 13.1 If the government regulates Armstrong Cable so they can earn only a normal return, the price would be set at A} $12.00. B) $12.50. C} $13.00. B) $15.00. T2) Refer to Figure 13.1 If the government regulates Armstrong Cable so they can earn only a normal return, the price would be set than if the company was not regulated. A) $4 lower B] $1 higher C} $3 lower B} $0.50 lower T3} Refer to Figure 13.1 The gure shows a monopoly. A) patent B) natural C) strategic resource D} profit-maximizing