Business, 20.04.2020 19:58 sassyunicorngir

Use the drop-down menus to select answers that best complete the following sentences about profit, output, and price regulations. Choose A, B or C for each of the bolded sections.

1. Profit Regulation (A. - Requires firms to set price equal to ATC, B. - mandates the quantity that the natural monopoly produces C. - requires firms to set price equal to MC). Under this regulation, the firm (might lower quality of the product as a way of increasing profits, loses its incentive to reduce costs, achieves allocative efficiency; however, the firm may be unable to make a profit).

2. Price Regulation (A. - Requires firms to set price equal to ATC, B. - mandates the quantity that the natural monopoly produces C. - requires firms to set price equal to MC). Under this regulation, the firm (A. - might lower quality of the product as a way of increasing profits B. - loses its incentive to reduce costs C. - achieves allocative efficiency; however, the firm may be unable to make a profit).

3. Output Regulation (A. - Requires firms to set price equal to ATC, B. - mandates the quantity that the natural monopoly produces C. - requires firms to set price equal to MC). Under this regulation, the firm (A. - might lower quality of the product as a way of increasing profits B. - loses its incentive to reduce costs C. - achieves allocative efficiency; however, the firm may be unable to make a profit).

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 02:20

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Answers: 1

Answer

Business, 22.06.2019 15:20

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Answers: 1

Answer

Business, 22.06.2019 17:30

Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?

Answers: 2

Answer

Business, 22.06.2019 23:00

Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.

Answers: 1

Answer

You know the right answer?

Use the drop-down menus to select answers that best complete the following sentences about profit, o...

Questions