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hello can i have explanation and calculation with the following question with answer?thanks
City Gas is a natural monopoly that supplies natural gas to a particular city. Its cost and demand information are given below.
If the government decides to regulate this natural monopoly by forcing them to produce at the point where the demand curve intersects marginal cost, then the firm will make a ____ and ____ continue in the long run.
c) loss of $33 million, will not