Author Question: Regulatory commissions may focus on establishing a fair-return price to be charged by a monopolist. ... (Read 54 times)

cookcarl · **on:** Jun 30, 2018

Regulatory commissions may focus on establishing a fair-return price to be charged by a monopolist. Under this policy, the monopolist would earn:
a. positive economic profits.
b. zero economic profits.
c. negative economic profits.
d. monopoly profits.

Question 2

One purpose of interest-rate ceilings was to:
a. establish a ceiling on bank profits.
b. establish a floor on bank profits.
c. encourage competition in other areas.
d. eliminate the need for the FDIC.
e. reduce the chance of bank failures.