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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

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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