A natural monopolist that is price regulated at the marginal cost output level will:
A.produce the optimal level of output and earn a normal profit.
B.eventually incur losses if MC is less than ATC.
C.maximize profit.
D.produce the optimal level of output and earn an economic profit greater than zero.

Question

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The Answer of A natural monopolist that is price regulated at the marginal cost output level will:
A.produce the optimal level of output and earn a normal profit.
B.eventually incur losses if MC is less than ATC.
C.maximize profit.
D.produce the optimal level of output and earn an economic profit greater than zero.

A Natural Monopolist That Is Price Regulated at the Marginal