Which of the Following Will Be True If a Regulator

question 11

Multiple Choice

Which of the following will be true if a regulator uses average-cost pricing to regulate a natural monopoly?

• A)The natural monopoly will incur losses.
• B)The output will be lower than that of an unregulated monopoly.
• C)There will be an efficiency gain in the market.
• D)The firm will benefit more than the consumers.

---

Definitions:

Char

Char is a data type in C and C++ programming languages that is used to store single characters, usually represented in a single byte.

Pointers

Variables that store memory addresses, typically of other variables, enabling indirect manipulation of data in programming.

Integer Array

An array data structure that holds multiple values of integer type, with each element accessible by its index.