Compared with the profit-maximizing choice of a natural monopolist,output regulation will result in a

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Output regulation aims to increase the level of output and decrease the price of the product. This is achieved using various methods such as setting a maximum price that can be charged or setting a minimum output level that must be produced. As a result, compared with the profit-maximizing choice of a natural monopolist, output regulation will result in a higher level of output and a lower price, making it more beneficial for consumers.

Compared with the Profit-Maximizing Choice of a Natural Monopolist,output Regulation