Multiple Choice
In the final analysis,cost-plus regulation of natural monopolies
A) produces an efficient solution.
B) fails to achieve the efficient solution of price equal to marginal cost.
C) restores the incentive to implement cost-saving innovations.
D) has few administrative difficulties.
E) is losing popularity as a solution to the problem of natural monopolies.
Correct Answer:
Verified
Correct Answer:
Verified
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