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D) 200 Refer to the table below. If the information pertains to the demand curve and the long run average cost curve for an electric

D) 200

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Refer to the table below. If the information pertains to the demand curve and the long run average cost curve for an electric company that is a natural monopoly, then what quantity will be produced in this market? Price Quantity LRAC Demanded $12 100 $6.00 $10 200 $5.50 $8 300 $5.33 $7 400 $5.50- $6 500 $6.00 (a) 400 (b) 300 O c) 100

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