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Author Question: Regulation that specifies that a firm's profits must be shared with its customers if the profit ... (Read 24 times)

DelorasTo

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on: Jun 29, 2018
Regulation that specifies that a firm's profits must be shared with its customers if the profit rises above a target level is called
 
  A) rate of return regulation.
  B) minimum price regulation.
  C) earnings sharing regulation.
  D) average cost pricing.

Question 2

What is a command economy?
 
  What will be an ideal response?


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mceravolo

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A command economy is one in which a central government either directly, or indirectly, sets output targets, incomes, and prices. It may even involve direct government ownership of the means of production and central planning of the economy.


DelorasTo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

xoxo123

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Reply 3 on: Yesterday
Gracias!

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