10 of 11 Questions Press Esc | to exit full screen 1 of 2 Attempts Correct The graph depicts the market for cable where there is one Price 2 Question 100% natural monopoly; AC represents average (total) cost, D $10 1 of 2 Attempts Correct represents market demand, and MR represents marginal AC 9 revenue. Assume that the marginal cost is equal to O. 3 Question 98.8% 8 2 of 2 Attempts Correct Suppose that before the cable company lays any cable, the government decides to regulate the monopoly by setting the N 4 Question 100% price. What is the lowest price that the government can 1 of 2 Attempts Correct impose while ensuring that the cable company enters the market? U 5 Question 100% 4- 1 of 2 Attempts Correct D 3 . 6 Question 100% 2 - 1 of 2 Attempts Correct MR 7 Question 0% 0 of 2 Attempts What will a monopolist charge in the absence of 0 2 4 5 6 7 8 9 10 any regulation? Households (in millions) 8 Question 100% 1 of 2 Attempts Correct 9 Question $ 0% 1 of 2 Attempts 10 Question 0% 0 of 2 Attempts 11 Question 0% 0 of 2 Attempts