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Price $7.50 $4.00 $3.00 $2.00 AC $1.00 MC 100 250 600 675 0 Quantity MR 3. Refer to the graph above. If the government regulates

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Price $7.50 $4.00 $3.00 $2.00 AC $1.00 MC 100 250 600 675 0 Quantity MR 3. Refer to the graph above. If the government regulates the monopolist and sets its price equal to the marginal cost, the regulated monopolist would charge produce units, and earn profit, but if the government wants the monopolist to earn a normal profit, it should set the monopolist price at A) $2; 600; $600; $3 B) $7.50; 250; $875; $1 C) $4; 250; -$250; $1 D) $1; 675; -$675; $2

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