Hello Can I Have Explanation And Calculation With The Following Question With An

hello can i have explanation and calculation with the following question with answer?thanks

3) 11-85

City Gas is a natural monopoly that supplies natural gas to a particular city. Its cost and demand information are given below.

If the government decides to regulate this natural monopoly by forcing them to produce at the point where the demand curve intersects marginal cost, then the firm will make a ____ and ____ continue in the long run.


c) loss of $33 million, will not

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply