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thenamehobbs thenamehobbs
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A year ago

The profit-maximizing natural monopoly will



set price equal to marginal cost.



produce the quantity of output at which MR = MC.



charge the highest price per unit for the quantity of output it chooses to produce.



necessarily face higher production costs if it is unregulated than if it is regulated.



b and c

Textbook 
Economics

Economics


Edition: 12th
Author:
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revanchistrevanchist
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A year ago
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thenamehobbs Author
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A year ago
You make an excellent tutor!
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Thanks
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This helped my grade so much Perfect
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