If a natural monopoly regulatory commission sets a price where marginal cost is equal to demand a. economic efficiency would not be achieved. b. the firm would incur a loss. c. the firm would earn monopoly profits. d. the firm would break even.

Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in