150 120 Price and cost (dollars per househol 90 60 LRAC 30 MC MR D 0 10 20 30 40 50 Quantity (thousands of households per month) The above figure shows the demand for telephone cable company's cost of providing cable. a) What price and quantity will be produced if the company is unregulated and profit maximizes? ( 4 marks) b) What price and quantity will be produced if the company is regulated using the marginal cos pricing rule? (4 marks) ") What is the advantage of the marginal cost pricing rule? (4 marks) d) What price and quantity will be produced if the company is regulated using the average cost pricing rule? (4 marks) e) What is the advantage of the average cost pricing rule? (4 marks)