In a Natural Monopoly, Throughout the Range of Market Demand

Multiple Choice

In a natural monopoly, throughout the range of market demand,

A) the marginal cost is above average total cost and pulls average total cost upward.
B) average total cost is above the marginal cost and pulls the marginal cost upward.
C) the marginal cost is below average total cost and pulls average total cost downward.
D) there are diseconomies of scale.