he producer of natural gas is a natural monopoly. The graph illustrates the market for natural gas. When the government regulates the company by imposing an average cost price​rule, the price per household per month is​ _______.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The producer of natural gas is a natural monopoly.

The graph illustrates the market for natural gas.

When the government regulates the company by imposing an average cost price​rule, the price per household per month is​ _______.

 

 

 

 

80-
70-
60-
50-
40-
30-
20-
10+
Price and cost (dollars per househoop
LRAC
MR
D
0+
0 5 10 15 20 25 30 35 40 45
Quantity (thousands of households)
Transcribed Image Text:80- 70- 60- 50- 40- 30- 20- 10+ Price and cost (dollars per househoop LRAC MR D 0+ 0 5 10 15 20 25 30 35 40 45 Quantity (thousands of households)
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