Homework 6: Monopoly and Antitrust Policy Respond to the question below. You should include supporting information in your response from assigned readings, research, or personal experience. Your response needs to be clear, concise, complete, and free of grammatical. 12 font typeface and double space. 1) Briefly explain how a natural monopoly arises. 2) Briefly discuss how a monopolist can seek out the profit-maximizing quantity of output. 3) Briefly discuss the forces that have increased the level of competition faced by firms in the modern-day U.S. economy and elsewhere.

Q&A Education