GRAPH

Instructions: Make sure the interactive $is$ set $to$ "Natural Monopoly" $on$ the upper right side $of$ the Graph section. When "Natural

Monopoly" $is$ selected, $it$ will have a dark blue background.

With the Cost Structure $(in$ the settings section$)$ set $to"b"$

$a.$ What $is$ the profit maximizing quantity?

$|$ units

$b.$ What $is$ the maximum profit $(minimum$ loss$)$ that can $be$ earned? $

$c.$ What $is$ the marginal revenue? $

$d.$ What $is$ the marginal cost? $

$e.$ What $is$ the profit maximizing $\frac{?}{?}$ loss minimizing price? $