A graph of natural monopoly shows: 0 MC intersects D when D is increasing 0 AC intersects D when D is increasing 0 MC intersects D when D is declining 0 AC intersects D when D is declining Unregulated monopolies: O cannot change the market quantity O can influence the market quantity and price O cannot incorporate O take the market price as givenWhich of the following statements about a monopoly is FALSE: 0 a monopoly is the only supplier of a good 0 monopolies have no barriers to entry and exit 0 monopolists can affect price 0 the good produced by the monopoly has no close subsititutes The defining characteristic of a natural monopoly is that: O its average total cost curve slopes downward as it intersects the demand curve O it has no close subsitutes O its demand curve slopes downward O it exists because of legal barriers to entry