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Author Question: Under rate-of-return regulation, natural monopolies must use A) marginal cost pricing. B) ... (Read 115 times)

tatyanajohnson

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on: Jun 29, 2018
Under rate-of-return regulation, natural monopolies must use
 
  A) marginal cost pricing.
  B) average cost pricing.
  C) efficient pricing.
  D) monopoly pricing.

Question 2

Which of the following is NOT a benefit of money when used as a medium of exchange?
 
  A) allowing individuals to specialize
  B) allowing individuals to pay off debts
  C) allowing for some economic efficiencies
  D) providing economic growth


alexanderhamilton

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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