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Under a marginal cost pricing rule, a regulated natural monopoly A) makes an economic profit with no deadweight loss. B) incurs an economic loss and
Under a marginal cost pricing rule, a regulated natural monopoly A) makes an economic profit with no deadweight loss.
B) incurs an economic loss and a deadweight loss arises. C) incurs an economic loss with no deadweight loss.
D) makes an economic profit and a deadweight loss arises. E) breaks even.
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