https://rsccd.instructure D Question 21 2 pts A regulated natural monopolist produces at competitive output often resulting in a loss. As a result, the government usually allows the regulated natural monopolist to charge a price: higher than its average total cost and lower than its unregulated price. O lower than its marginal cost. O higher than its unregulated price. O higher than its marginal cost and lower than its average total cost. D Question 22 2 pts Robert Crandell, former CEO of American Airlines, talks to the Braniff Airways CEO on the phone. Both companies raise fares by the same amount of 20 percent. Is there something wrong with this business transaction? Yes, there is something wrong with this business transaction because explicit collusion is illegal. No, there is nothing wrong with this business transaction because implicit collusion is legal. Yes, there is something wrong with this business transaction because implicit collusion is illegal. O No, there is nothing wrong with this business transaction because explicit collusion is legal. Proctorio is sharing your screen. Stop sharing Hide