Question

a major criticism of industrial regulation is that a) it has been applied to virtually all major u.s. corporations in the post-second world war period. b) marginal cost pricing has created an underallocation of resources. c) by allowing a fair return price, it gives natural monopolists little incentive to contain costs. d) regulatory commissions have frequently caused natural monopolies to go bankrupt.

Answer 1

The main criticism of commercial regulation is that c. by permitting a fair return charge, it offers herbal monopolists little incentive to comprise costs.

choice c. by way of allowing a fair go-back fee, it offers natural monopolists little incentive to contain costs.

The main complaint of industrial law is that: by using allowing a fair return rate, it offers natural monopolists little incentive to incorporate expenses. A marketplace in which the complete demand for an awesome provider can be satisfied at a minimum price with the aid of an unmarried company is a herbal monopoly.

Social regulation differs from business law in that it is involved with the situations beneath which manufacturing occurs, the impact of manufacturing on society, and the physical features of the goods produced.

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