![Finishing Up Monopolies: Natural Monopolies. natural monopoly ◦ one firm can produce a desired output at a lower cost than two or more firms—cost - ppt download Finishing Up Monopolies: Natural Monopolies. natural monopoly ◦ one firm can produce a desired output at a lower cost than two or more firms—cost - ppt download](https://images.slideplayer.com/21/6274129/slides/slide_12.jpg)
Finishing Up Monopolies: Natural Monopolies. natural monopoly ◦ one firm can produce a desired output at a lower cost than two or more firms—cost - ppt download
![If the government regulates a natural monopolist to produce the allocatively efficient level of output, it will require the monopolist to set a price that is: a. equal to its marginal cost If the government regulates a natural monopolist to produce the allocatively efficient level of output, it will require the monopolist to set a price that is: a. equal to its marginal cost](https://homework.study.com/cimages/multimages/16/untitled_1_18-08-2021364466850293085195.png)
If the government regulates a natural monopolist to produce the allocatively efficient level of output, it will require the monopolist to set a price that is: a. equal to its marginal cost
![The graph shows the marginal cost curve, average total cost curve, and demand curve of a natural monopoly. Draw a point to indicate the output and price under an average cost pricing The graph shows the marginal cost curve, average total cost curve, and demand curve of a natural monopoly. Draw a point to indicate the output and price under an average cost pricing](https://homework.study.com/cimages/multimages/16/graph18349837287020160571.jpg)