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Author Question: If regulation imposes marginal cost pricing on a natural monopoly, then the monopoly will: a. ... (Read 91 times)

dbose

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on: Jun 30, 2018
If regulation imposes marginal cost pricing on a natural monopoly, then the monopoly will:
 a. suffer persistent economic losses.
  b. earn a fair, but not excessive, return on its assets.
  c. produce too little output to achieve efficiency.
  d. experience diseconomies of scale.

Question 2

Before the 1970s, bankers were happy with interest-rate ceilings because those ceilings:
 a. reduced interest-rate competition for deposits among banks.
  b. guaranteed them high profits.
 c. guaranteed them a minimum profit.
 d. enabled them to expand into other lines of commerce.
 e. allowed them to hold corporate stock.


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Andromeda18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


dbose

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

parker125

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Reply 3 on: Yesterday
:D TYSM

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