See Figure 27-2 in the text. Economists talk about businesses operating where MR = MC in order to maximize profits. But natural monopolies are usually required to operate where the Demand and LAC curves intersect. Oligopoly producers face similar downward-sloping Demand and MR curves to that of monopolists. What will happen to the price and quantity if oligopoly economic enterprises voluntarily operate where the demand curve intersects the LAC as opposed to the profit maximizing price and quantity? Will the social allocation of resources be more or less efficient? In addition, these economic entities would try to pay a living wage and not harm the environment. Would this work out for an economic enterprise trying to meet these goals?