On the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity for this natural monopolist. Monopoly Outcome 0 1 2 3 4 5 6 7 8 9 10 40 36 32 28 24 20 16 12 8 4 0 PRICE (Cents per Kilowatt-hour) QUANTITY (Thousands of kilowatt-hours) D MR MC ATC

It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
The electricity company is experiencing economies of scale.

What is a natural monopoly?

This is the type of monopoly that is known to occur due to the fact that there is a natural condition in the free market.

The ones that would be seen in the market would be: It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers and The electricity company is experiencing economies of scale.

Complete question

Which of the following statements are true about this natural monopoly? Check all that apply.

The electricity company must own a scarce resource. It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.

The electricity company is experiencing economies of scale.

In order for a monopoly to exist in this case, the government must have intervened and created it.

Read more on natural monopoly here; https://brainly.com/question/2182872

#SPJ1