Average Cost Pricing in a Natural Monopoly Will _____

Average cost pricing in a natural monopoly will _____.

A) result in the socially efficient level of output.
B) result in a level of output that is less than the socially efficient level.
C) result in a level of output that is greater than the socially efficient level of output.
D) result in economic losses for the firm.
E) result in positive economic profits for the firm.