Price cap regulation is a A) price ceiling. B) price floor. ...

[mckennatimberlake]

Price cap regulation is a
 
  A) price ceiling.
  B) price floor.
  C) form of marginal cost regulation.
  D) type of rate of return regulation.

Question 2

Price cap regulation is a type of regulation that
 
  A) offers price subsidies to firms that comply with regulation guidelines.
  B) is equivalent to rate of return.
  C) sets the maximum price the firm can charge.
  D) sets the minimum price the firm can charge.

[potomatos]

Answer to Question 1

A

Answer to Question 2

C

[mckennatimberlake]

Excellent

[Liddy]

Thanks for the timely response, appreciate it