People often complain about monopolies what aspect of

People often complain about monopolies. What aspect of monopoly behavior does a normal
consumer complain about? (2 points)
6. Natural monopolies.
A. Give two reasons natural monopolies arise. (2 points)
B. The government often regulates natural monopolies. Explain the two ways regulators tend to base
rates. Where is the price set? (3 points)
C. What price and level of output results in zero allocative inefficiency? Natural monopolies rarely
operate at that price. Why? (4 points)