The Figure Below Shows The Cost And Revenue Curves For A Natural Monopolist. Suppose The Monopolist Was Originally Producing At A Profit-Maximizing Output Level. If Regulators Set Price Equal To Marginal Cost, The Price Will Change From:This problem has been solved!You'll get a detailed solution from a subject matter expert that helps you learn core concepts.See AnswerThe figure below shows the cost and revenue curves for a natural monopolist. Suppose the monopolist was originally producing at a profit-maximizing output level. If regulators set price equal to marginal cost, the price will change from:Figure 15.2MCAC.2422Price1814MR1105 68-Quantitya. ​$14 to $20, and quantity will increase from 5 units to 8 units.b. ​$24 to $18, and quantity will increase from 5 units to 8 units.c. ​$18 to $14, and quantity will increase from 5 units to 8 units.d. ​$24 to $22, and quantity will increase from 5 units to 10 units.e. ​$24 to $18, and quantity will remain unchanged.