# quiz 9 - THE OHIO STATE UNIVERSITY DEPARTMENT OF ECONOMICS...

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T HE O HIO S TATE U NIVERSITY D EPARTMENT OF E CONOMICS E CON 200N, W INTER 2008 I NSTRUCTOR : Y U Z HOU Q UIZ N INE M ARCH 4, 2008 P RINT Y OUR N AME __________________________________________________ S OCIAL S ECURITY N UMBER (O PTIONAL ) ________________________________ S IGN Y OUR N AME __________________________________________________ I NSTRUCTIONS : Y OU HAVE 12 MINUTES TO COMPLETE THE QUIZ . T HE QUIZ TOTALS 2 POINTS . Y OU HAVE 4 MULTI - CHOICE QUESTIONS AND EACH QUESTION ACCOUNTS ONE HALF POINT . P LEASE FILL IN YOUR ANSWERS INSIDE THE TABLE AT THE BOTTOM OF THIS PAGE , AND TURN IN THIS PAGE ONLY . Y OU KEEP THE QUIZ PROBLEMS . P ICK THE BEST ANSWER FOR EACH QUESTION . Problem 1 Problem 2 Problem 3 Problem 4 C A A C 1

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1, Natural gas is a natural monopoly. When an average cost price rule regulation is imposed, the price per household per month is ________. A), \$20 and 30,000 households are served B), \$40 and 40,000 households are served C), \$40 and 30,000 households are served
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## This test prep was uploaded on 04/19/2008 for the course ECON 200 taught by Professor Newton during the Spring '08 term at Ohio State.

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quiz 9 - THE OHIO STATE UNIVERSITY DEPARTMENT OF ECONOMICS...

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