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-Natural Gas Is a Natural Monopoly

Question 387

Multiple Choice

-Natural gas is a natural monopoly. The figure above shows the market for natural gas in the city of Lucknow. When an average cost price rule regulation is imposed, the price per household per month is A) $20 and 30,000 households are served. B) $40 and 40,000 households are served. C) $40 and 30,000 households are served. D) $60 and 20,000 households are served.
-Natural gas is a natural monopoly. The figure above shows the market for natural gas in the city of Lucknow. When an average cost price rule regulation is imposed, the price per household per month is


A) $20 and 30,000 households are served.
B) $40 and 40,000 households are served.
C) $40 and 30,000 households are served.
D) $60 and 20,000 households are served.

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