Output regulation for a natural monopolist
A. May jeopardize equity goals.
B. May require large government subsidies.
C. Is consistent with marginal cost pricing.
D. Encourages bloated costs.
Answer: A
Economics
A. May jeopardize equity goals.
B. May require large government subsidies.
C. Is consistent with marginal cost pricing.
D. Encourages bloated costs.
Answer: A