Regulatory commissions may focus on establishing a fair-return ...

[cookcarl]

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.

[wtf444]

Answer to Question 1

b

Answer to Question 2

e

[cookcarl]

Excellent

[AngeliqueG]

TYSM