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Author Question: Regulatory commissions may focus on establishing a fair-return price to be charged by a monopolist. ... (Read 45 times)

cookcarl

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on: Jun 30, 2018
Regulatory commissions may focus on establishing a fair-return price to be charged by a monopolist. Under this policy, the monopolist would earn:
 a. positive economic profits.
  b. zero economic profits.
  c. negative economic profits.
  d. monopoly profits.

Question 2

One purpose of interest-rate ceilings was to:
 a. establish a ceiling on bank profits.
 b. establish a floor on bank profits.
 c. encourage competition in other areas.
  d. eliminate the need for the FDIC.
 e. reduce the chance of bank failures.


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wtf444

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

e


cookcarl

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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