![Econ Final Flashcards | Quizlet](/e69yszg/488.jpg)
Econ Final Flashcards | Quizlet
Gene's Car Wash is a natural monopoly. To wash 100 cars a week, if Gene is unregulated, he would charge a price of 10. Gene's average total cost for washing 100 cars is 8, his average variable cost is 6, and his marginal cost is 4. If Gene is regulated using a marginal cost pricing rule, the price he is allowed to charge to wash 100 cars is