True or False: This firm is a natural monopoly.
a)True
b)False
If the firm produces 72 units and charges $24 per unit, it will in the long run.

Which quantity of output is consistent with price regulation?

a)44 units

b)64 units


c)72 units

Which quantity of output is consistent with profit regulation?

a)44 units

b)64 units

c)72 units