Author Question: Under rate-of-return regulation, natural monopolies must use A) marginal cost pricing. B) ... (Read 110 times)

tatyanajohnson

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Under rate-of-return regulation, natural monopolies must use
 
  A) marginal cost pricing.
  B) average cost pricing.
  C) efficient pricing.
  D) monopoly pricing.

Question 2

Which of the following is NOT a benefit of money when used as a medium of exchange?
 
  A) allowing individuals to specialize
  B) allowing individuals to pay off debts
  C) allowing for some economic efficiencies
  D) providing economic growth



alexanderhamilton

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Answer to Question 1

B

Answer to Question 2

B



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