Under Which of the Following Situations Will Courts Usually Find

Under which of the following situations will courts usually find pricing legal?

A) When the prices are above average variable cost but below average total cost and the company has excess capacity.
B) When the prices are above average variable cost but below average total cost and the company does not have excess capacity.
C) When the prices are below average variable cost and below average total cost and the company does not have excess capacity.
D) Only when prices are above both average variable cost and average total cost.

Correct Answer:

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