Question: Refer to the table below. If the information pertains to the demand curve and the long run average cost curve for an electric company

Refer to the table below. If the information pertains to the demand

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 $12 $10 $8 $7 $6 C) a) 400 C) b) 300 C) c) 100 C) d) 200 Quantity Demanded 100 200 300 400 500 LRAC $6.00 $5.50 $5.33 $5.50 $6.00

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