Question: When considering a cost-based pricing scenario in a totally free market, at what point on the demand curve would a railroad prefer to set its

When considering a cost-based pricing scenario in a totally free market, at what point on the demand curve would a railroad prefer to set its price? Question 26 options: a. Where variable cost equals marginal revenue. b. Where marginal cost equals demand. c. Where marginal cost equals average cost. d. Where marginal cost equals marginal revenue

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