This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When promoting average cost pricing, regulators A) include what they consider to be a normal rate ... (Read 80 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
When promoting average cost pricing, regulators
 
  A) include what they consider to be a normal rate of return on investment.
  B) encourage firms to produce at the output level where price equals marginal cost.
  C) fail to consider a return to investors, so regulated firms often have a hard time raising investment funds.
  D) inflate costs so much that price ends up as large as would prevail under unregulated monopoly.

Question 2

Because there are low barriers to entry in a monopolistically competitive market
 
  A) there are many firms in the industry.
  B) they produce a homogeneous product.
  C) the firms are price takers.
  D) there is no non-price competition.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

paavo

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Diane

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
:D TYSM

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat An electrocardiogram (ECG, EKG) is a commonly used procedure in which the electrical events associat
Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski
Normal Values for Urinalysis Testing Normal Values for Urinalysis Testing
The rate of facilitated diffusion The rate of facilitated diffusion
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library