Use the figure below to answer the following questions. 
Figure 12.5.2
-Consider the natural monopoly depicted in Figure 12.5.2.What area in the graph represents the deadweight loss arising from an average cost pricing rule?
Definitions:
Legislative Sponsor
An elected official who introduces a bill or resolution for consideration by a legislative body, supporting and advocating for its passage.
Senate
One of the two chambers of the legislature in many countries, known for its deliberative function, often representing regions or states.
Nurse Practice Acts
Sets of laws established in each state in the US that define the scope of nursing practice and provide for the regulation of the profession by a state board of nursing.
Scope of Practice
The bounds defined by law and professional standards within which a professional can practice and perform services.
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