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Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

If the government wants to establish a socially optimal price for a natural monopoly, it should select the price at which

category

economics

options

  1. the demand curve intersects the supply curve
  2. marginal revenue equals zero
  3. the average total cost equals zero
  4. the average revenue equals the average total cost
  5. the marginal cost curve intersects the demand curve
  6. the marginal revenue equals the marginal cost
  7. the marginal cost curve intersects the average total cost curve
  8. the marginal revenue curve intersects the supply curve
  9. the average total cost curve intersects the demand curve
  10. average revenue equals zero

src

ori_mmlu-high_school_microeconomics

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Source and history

Official source

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