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If a regulatory commission wants to provide a natural monopoly with a fair return, it should establish a price that is equal to __________.A. minimum average fixed cost.B. average total cost.C. marginal cost.D. marginal revenue.

Respuesta :

Answer:

B. average total cost

Explanation:

In the terms of economics, the Average total cost is the cost which is obtained by dividing the total production cost involved by the total number of output units.

The average total cost also determines the cost per unit for a product.

It helps in deciding the selling cost of the product for a specified profit margin.

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