possible The figure to the right shows the average total cost curve for a firm producing electricity and the total demand for electricity in the firm's market. 0.52 0.48- If the firm is a monopoly and produces 36 billion kilowatt hours of electricity per year, then 0.44- its average total cost of production will be $ 0.10 per kilowatt hour. (Enter a numeric response using a real number rounded to two decimal places.) Now suppose instead that two firms are in the market, each producing half of the market's electricity. If each firm has the same average total cost curve, then the average cost of producing electricity will now be $ 0.18| per kilowatt hour. Price and cost (dollars per kilowatt hour) If one of the two firms expands production, then that firm will O A. prompt the government to regulate prices. O B. increase profits, creating an incentive for new firms to enter the industry. O C. be able to offer lower prices, driving the other firm out of business. O D. lose network externalities in supplying electricity. O- 8 12 16 20 24 28 32 36 40 44 48 Quantity of kilowatt hours (in billions) O E. none of the above. Time Remaining: 01:31:5