With a natural monopoly, the fair return price: Answer Is allocatively efficient

ID: 1187951 • Letter: W

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With a natural monopoly, the fair return price: Answer Is allocatively efficient; the socially optimal price is allocatively inefficient Is allocatively inefficient; the socially optimal price is allocatively efficient And the socially optimal price are both allocatively inefficient And the socially optimal price are both allocatively efficient With a natural monopoly, the fair return price: Is allocatively efficient; the socially optimal price is allocatively inefficient Is allocatively inefficient; the socially optimal price is allocatively efficient And the socially optimal price are both allocatively inefficient And the socially optimal price are both allocatively efficient Is allocatively efficient; the socially optimal price is allocatively inefficient Is allocatively inefficient; the socially optimal price is allocatively efficient And the socially optimal price are both allocatively inefficient And the socially optimal price are both allocatively efficient

Explanation / Answer

Is allocatively inefficient; the socially optimal price is allocatively efficient

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With a natural monopoly, the fair return price: Answer Is allocatively efficient

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