Author Question: When regulated using rate of return regulation, who benefits from the practice of some natural ... (Read 75 times)

renzo156 · **on:** Jun 29, 2018

When regulated using rate of return regulation, who benefits from the practice of some natural monopolies to count sumptuous offices, free baseball tickets, golf excursions, and limousines as costs of production?

A) stockholders
B) managers of the monopoly
C) customers of the monopoly
D) regulators of the industry
E) None of the above answers is correct.

Question 2

If an entire industry relocates to a foreign country, the relocation leads to a higher rate of ________ unemployment.

A) frictional
B) structural
C) structural and frictional
D) cyclical
E) structural and cyclical