Distinguish Between Cost-Of-Service Regulation and Rate-Of Return Regulation

question 80

Essay

Distinguish between cost-of-service regulation and rate-of return regulation. What problem is inherent in both types of regulation?

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Definitions:

Administrative Dispute Resolution Act

A law aimed at promoting the use of alternative dispute resolution processes, such as arbitration and mediation, within the U.S. federal government.

1990

A year not identified by a specific event or definition; it is simply a point in time on the Gregorian calendar.

Interpretative Rules

Regulations or guidelines issued by government agencies for clarifying how the agency construes the legislation it administers.

Binding

An agreement or obligation that cannot be legally avoided or ignored.