When Regulated Using Rate of Return Regulation,who Benefits from the Practice

question 131

Multiple Choice

When regulated using rate of return regulation,who benefits from the practice of some natural monopolies to count sumptuous offices,free baseball tickets,golf excursions,and limousines as costs of production?

• A) stockholders
• B) managers of the monopoly
• C) customers of the monopoly
• D) regulators of the industry
• E) None of the above answers is correct.

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Definitions:

Categorical Approach

A technique for classification that relies on clear and separate categories or groups.

Psychiatric Approach

is a method in medicine focusing on the diagnosis, treatment, and prevention of mental, emotional, and behavioral disorders.

Preparedness

A concept in psychology that suggests organisms are innately predisposed to form certain associations or learn particular types of behaviors more easily.

Phobic Stimuli

Objects or situations that provoke an irrational and excessive fear response.