Use a diagram to illustrate the hoped for result of Use a diagram to illustrate the “hoped for”…

Use a diagram to illustrate the hoped for result of
Use a diagram to illustrate the “hoped for” result of natural monopoly regulation that attempts to set a price equal to average cost. What are the difficulties in achieving this out-come? Would an unregulated natural monopoly be preferable to a regulated natural monopoly?

Use a diagram to illustrate the hoped for result of

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