Multiple Choice
If government regulators make the natural monopolist set price equal to marginal cost
A) the natural monopolist will make zero economic profits.
B) the natural monopolist will make normal profits.
C) the natural monopolist will make losses and go out of business.
D) the natural monopolist will make positive economic profits larger than if it wasn't regulated at all.
Correct Answer:
Verified
Correct Answer:
Verified
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