1. In which of the following situations would the quantity supplied to the market increase? A price ceiling

a. abovetheunregulated monopolist price, but above the firm's average total cost for a natural monopoly.

b. below theunregulated monopolist price, but above the firm's average total cost for a natural monopoly.

c. below thecompetitive equilibrium price in a competitive market.

d. abovethecompetitive equilibrium price in a competitive market.

e. none of the other answers are correct. A price ceiling never increases the quantity supplied to a market.

3.

The figure below illustrates the cost and revenue structure for a monopoly firm.