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Putting aside anything else on your mind when you read is
Fair Return
A profit level that allows a business to maintain its operations and justify the risk of investment, often considered in regulatory contexts.
Regulatory Commission
A government body responsible for setting and enforcing rules and regulations in a specific sector to protect public interest.
Economies of Scale
The advantages in cost that companies receive owing to their operational magnitude, with the expense per produced unit generally diminishing as the scale of operations broadens.
Natural Monopoly
A market condition where the cost of production is minimized by having a single firm produce the product, due to high fixed or startup costs.
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