Which Is the Most Valid Criticism of the Regulation of Natural

question 145

Multiple Choice

Which is the most valid criticism of the regulation of natural monopolies and other firms subject to regulation by regulatory commissions?

• A) It is difficult to find enough honest people to serve on regulatory commissions.
• B) Such regulation is unnecessary and amounts to creeping socialism.
• C) Many members of such commissions are appointed rather than being elected.
• D) Regulated firms may have little incentive to contain costs since they are assured a "fair" return above costs.

Comprehend the importance and methods of managing receivables and the implications for cash flow.

Grasp the economic and operational considerations in extending credit to customers.

Recognize the characteristics of creditworthy customers through the five Cs of credit.

Understand the basic concepts and theories of motivation.