Refer to the graph shown. If the price of the product is $1 and the firm is a natural monopoly: 
A) there will be a surplus of the product.
B) the firm will earn economic profit by satisfying the market quantity demanded at that price.
C) the firm can earn profit by producing more than Qc.
D) the firm will incur losses by producing the quantity demanded at that price.
Correct Answer:
Verified
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