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Laurent Laurent
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Posts: 803
Rep: 1 0
6 years ago
A monopolist under rate of return regulation has an incentive to
A) produce more output than an unregulated industry.
B) exaggerate reported costs.
C) set price equal to marginal cost.
D) cut reported costs to increase rate of return.
E) innovate.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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Answer verified by a subject expert
martrekmartrek
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Top Poster
Posts: 515
6 years ago
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Laurent Author
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6 years ago
Thanks
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
You make an excellent tutor!
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