What happened to natural monopoly when government regulates it.

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Chapter 21, Problem 3RQ

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What happened to natural monopoly when government regulates it.

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You manage one of three firms in a market. You expect that one of the other firms will produce 20 units of output and the other firm will produce 10 units of output. Your monopoly quantity is 40. How much output should your firm produce given your expectations regarding the output levels of the other two firms? O 25 O 15 O 30 O 40

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