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If an Industry Is a Natural Monopoly and Regulators Decide

Question 387

Multiple Choice

If an industry is a natural monopoly and regulators decide that the firm must price at marginal cost, then consumers will be ________ off than if the firm was unregulated and the firm's owners will be ________ off than if it was unregulated.


A) better; better
B) better; worse
C) worse; better
D) worse; worse

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