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Loraine Loraine
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9 years ago
Price cap regulation is regulation that
A) is a marginal cost pricing rule.
B) is an average cost pricing rule.
C) imposes a price ceiling on the regulated firm.
D) has the same incentive effects as does rate of return regulation.
E) is the same as allowing the firm to operate as if it was totally unregulated.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
No problemo Happy Dummy
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