Please Explain First
Extracted text: If the government intends to use the price ceiling control on monopolies to maximize their output, the appropriate price to be implemented must be the same as the marginal cost (P = MC). b. the same as the average total cost (P = ATC). c. the same as the average variable cost (P = AVC). d. less than the average variable cost (P < avc).="" more="" than="" the="" average="" variable="" cost="" (p=""> AVC). а. е.
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