Eco 9.2.(c) vedio Timming 1:12-1:17. There is no voice and I cannot understand this question properly in refer to long run monopoly equilibrium.
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In that ,Sir had majorly talked about the pricing that goes behind a monopoly firm. Govt. sometimes allows the functioning of monopolies like in the case of electricity generation plants because these firms are into business that require very heavy fixed cost expenditure which can be done away with only when there is production in massive quantities if not they will try to recover from public at very high rates for providing their electricity services.
So the govt. regulates such monopolies and they are able to earn high abnormal rate by keeping their Price = AC .