If regulators impose marginal-cost pricing on anatural monopoly, a possible problem is thata. consumers will buy more of the good than isefficient.b. consumers will buy less of the good than isefficient.c. the firm will lose money and exit the market.d. the firm will make excessive profits.

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Monopoly Market

When a company and its products dominate a sector or an industry, it is termed a monopoly. When a firm and its products control a market, then it is called a monopoly.