Exhibit 25-5

-Refer to Exhibit 25-5. If the natural monopoly firm is guaranteed a normal profit (nothing more and nothing less) then it will produce __________ quantity of output and charge a price of __________ per unit.
A) Q1; P3
B) Q1; P2
C) Q2; P3
D) Q3; P2
E) none of the above
Correct Answer:
Verified
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