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Author Question: Many privatised industries in the UK have been subject to price regulation through the RPI - X ... (Read 44 times)

jon_i

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on: May 25, 2020
Many privatised industries in the UK have been subject to price regulation through the RPI - X formula. Consider the following statements about the formula:
(i) It provides an incentive for the industry to be efficient.
(ii) It encourages the industry to pass on cost savings to the consumer.
(iii) It enables the regulator to put a price cap on the industry.
Which one of the following combinations is correct?
◦ none of them
◦ (ii) and (iii)
◦ (i) and (ii)
◦ (i) and (iii)
◦ (i), (ii) and (iii)
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jon_i on May 25, 2020

cloud

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jon_i

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

okolip

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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