Question: Average - cost pricing for a falling - cost natural monopoly results in A . zero profits with price equal to marginal cost. B .

Average-cost pricing for a falling-cost natural monopoly results in
A. zero profits with price equal to marginal cost.
B. allocative efficiency with price greater than marginal cost.
C. allocative efficiency and positive profits.
D. zero profits with allocative inefficiency.
E. allocative inefficiency with price equal to marginal cost.
Average - cost pricing for a falling - cost

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