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If government regulation sets the maximum price for a natural monopoly equal to its marginal cost, then the natural monopolist will
Great Spirit
A central figure in various Indigenous religions in North America, often conceived as a supreme deity or spiritual force that oversees the universe.
Pontiac
A leader and war chief of the Ottawa tribe, best known for his role in Pontiac's Rebellion (1763–1766), which sought to resist British military occupation of the Great Lakes region.
Pontiac's Rebellion
A conflict between Native American tribes and the British military forces in the Great Lakes region (1763-1766), led by Chief Pontiac, aiming to drive the British out of the territory.
Proclamation of 1763
An edict issued by King George III following Great Britain's acquisition of French territory in North America after the end of the French and Indian War, forbidding settlements west of the Appalachian Mountains.
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