Consider the following diagram: 
Demonstrate graphically and explain verbally why moving away from producing output level Q0 will result in a decrease in profit for this monopolist.
Definitions:
Natural Gas
A fossil fuel composed mainly of methane, used as an energy source for heating, cooking, and electricity generation.
Foster Competition
means to encourage or promote a marketplace environment where businesses vie against one another, aiming to improve quality, innovation, and consumer choice.
Antirust Legislation
Laws and regulations designed to promote fair competition for the benefit of consumers by preventing monopolies, cartels, and other forms of market dominance that can lead to price fixing and reduced innovation.
Market Power
The ability of a company or entity to control prices or exclude competition within a particular market.
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