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

Question

2 years ago

13

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 average cost, then compared to the unregulated natural monopoly, the price will ________ and the quantity will ________.

Social Studies

1 answer:

erica [24] · Answer 1 · 2022-03-15T20:54:20+03:00

erica [24]2 years ago

8 0

Answer:fall, rise

Explanation: