From the following list, select all the statements that apply to how regulators use the average-cost price. Multiple select question. It is based on the fair rate of return that is estimated by the regulator. It ensures that a monopoly meets the condition of marginal-cost pricing. It ensures that a regulated monopoly breaks even. It is calculated using accounting profit, not economic profit.From the following list, select all the steps that are necessary for a monopolist to find its profit-maximizing point. Multiple select question. Employ the profit-maximizing rule MR=MC to find the profit-maximizing output. Based on the profit-maximizing output, use the demand curve to find the profit-maximizing price. Based on the profit-maximizing output, use the marginal revenue curve to find the profit-maximizing price. Employ the profit-maximizing rule MR>MC to find the profit-maximizing output