Suppose a natural monopolist has fixed costs of $24 and a constant margin of $2.

Question

Suppose a natural monopolist has fixed costs of $24 and a constant margin of $2. The demand for the product is as follows:
Price: $ 10, 9, 8 7, 6, 5, 4, 3, 2, 1
Quantity demanded 0, 2, 4, 6, 8, 10, 12, 14, 16, 18

a. what price and quantity will prevail if the monopolist isn't regulated?
a1. price a2. quantity

b. What price-output combination would exist with efficient pricing (MC = p)?
b1. price b2. quantity

c. What price-output combination would exist with profit regulation (zero economic profits)?
c1. price c2. quantity

For a. I got price $6 and quantity 8
for b. I got price $2 and quantity 16

I am not sure it these are correct answers, and I have no idea for "c".

Explanation / Answer

according to me anonymous your answer is correct i also calculated it n i got the same answer for (a). and your (b) answer is also correct. for (c) i got the the answer price $5 and quantity 10.

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