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Governmental pricing regulation of a monopoly should strive to accomplish which of the following? Question 5 options: a) Setting a legal price ceiling equal to

Governmental pricing regulation of a monopoly should strive to accomplish which of the following?

Question 5 options:

a)

Setting a legal price ceiling equal to the monopoly's lowest average variable cost.

b)

Setting a legal price ceiling equal to where marginal cost equals marginal revenue.

c)

Setting a legal price ceiling below the monopoly's lowest average total cost.

d)

Setting a legal price ceiling below the monopoly's lowest average variable cost.

e)

Setting a legal price ceiling equal to where the monopoly's lowest average total cost intersects the demand curve.

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