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Under an average - cost pricing policy: O A. a regulatory agency picks a price equal to a natural monopoly's marginal cost. O B. a
Under an average - cost pricing policy: O A. a regulatory agency picks a price equal to a natural monopoly's marginal cost. O B. a regulatory agency picks a price at which a natural monopoly's demand curve intersects its average cost curve. O C. firms earn economic profits greater than zero. O D. a regulatory agency picks a price equal to a natural monopoly's average fixed cost
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