Use the following to answer questions:
Figure: Water Works 
-(Figure: Water Works) Look at the figure Water Works, which describes a small town's water works, a natural monopoly. If regulators want the monopolist to cover average total cost, the monopolist will be allowed to charge a price of:
Definitions:
Riskless Securities
Financial instruments that are considered to have minimal risk of loss, typically issued by governments.
Risk Premium
The additional return expected by an investor for holding a riskier asset compared to a risk-free asset.
Risk Levels
The degree to which an investor or business is exposed to potential financial loss or gains.
Standard Deviation
An evaluative statistical figure expressing the level of fluctuation or diversity among values in a particular dataset.
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