Of the Following,which Is Not an Economic Rationale for Public

question 3

Multiple Choice

Of the following,which is not an economic rationale for public utility regulation?

• A) production process exhibiting increasing returns to scale
• B) constant cost industry
• C) avoidance of duplication of facilities
• D) protection of consumers from price discrimination
• E) none of the above

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Definitions:

Collaboration

The act of working together with one or more people to achieve a common goal or project.

Teamwork

Teamwork involves the collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Coordinated Series

A sequence of elements, events, or activities that are planned or occur in a mutually supportive manner.

Intuitive Appeal

The natural attractiveness or persuasiveness of an idea or product based on its apparent simplicity or the ease with which it can be understood and appreciated.