Question

. The government permits the company to set rates that willyield a "fair return," in case of____________.

a. Regulated monopoly.
b. Oligopoly.
c. Unregulated monopoly.
d. Monopoly.

Answer 1

Answer:

a. Regulated monopoly.

Explanation:

The government permits the company to set rates that willyield a "fair return," in case of regulated monopoly.