Exhibit 15-4
-If regulators allow the natural monopolist in Exhibit 15-4 to earn only a normal profit, it will produce an output equal to

Name: Exhibit 15-4 -If regulators allow the natural monopolist in Exhibit 15-4 to earn only a normal profit, it will produce an output equal to
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Question

Exhibit 15-4 
-If regulators allow the natural monopolist in Exhibit 15-4 to earn only a normal profit, it will produce an output equal to

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The Answer of Exhibit 15-4 
-If regulators allow the natural monopolist in Exhibit 15-4 to earn only a normal profit, it will produce an output equal to

Exhibit 15-4 -If Regulators Allow the Natural Monopolist in Exhibit 15-4 to Exhibit