One of the Criticisms of Average Cost Regulated Pricing of a Natural

question 58

Multiple Choice

One of the criticisms of average cost regulated pricing of a natural monopoly is that the firm

• A)has no incentive to hold costs down.
• B)must bear losses continually.
• C)will retain positive economic profits.
• D)produces more output than is resource-allocative efficient.

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Definitions:

Structural Reference

A method in spreadsheet applications that uses table names and column headings to refer to cells within a table, improving clarity.

Salary Column

In spreadsheets or databases, a column specifically designated for listing the salary amounts for individuals or positions.

Delete Field

The process of removing a column or attribute from a database table or data structure.

Worksheet Column

A vertical arrangement of cells in a spreadsheet or worksheet, usually labeled by letters at the top of the interface.