One goal of rate-of-return regulation is the prevention of A) ...

[fagboi]

One goal of rate-of-return regulation is the prevention of
 
  A) free market entry.
  B) positive economic profits.
  C) poor quality service.
  D) environmental degradation.

Question 2

Which is NOT a characteristic of monopolistic competition?
 
  A) small share of market to each firm
  B) lack of collusion among firms
  C) few firms in the industry
  D) independence of each firm's decisions

[Rilsmarie951]

Answer to Question 1

B

Answer to Question 2

C

[fagboi]

TYSM

[mohan]

Thanks for the timely response, appreciate it