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kyaramarie318 kyaramarie318
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7 months ago

"Regulatory lag" refers to the period between the time when



▸

the natural monopolist's costs change and the time the regulatory agency adjusts the monopolist's prices.



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the natural monopolist changes its prices and the time when the regulatory agency rules on that change.



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the regulatory agency decides to regulate a firm and the time it actually accomplishes the task.



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a firm is initially regulated by an agency and the time the firm "captures" that agency.



▸

the regulatory agency decides to deregulate a firm and the time it actually accomplishes the task.

Textbook 
Economics

Economics


Edition: 12th
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sandra15sandra15
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7 months ago
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kyaramarie318 Author
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7 months ago
Thanks
Liarec
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Yesterday
Thanks for your help!!
hmonier
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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