The process of price cap regulation includes which of the following? i. A price ceiling
Ii) Marginal cost pricing
Iii) Average cost pricing
A) i and iii
B) ii only
C) ii and iii
D) i only
E) i and ii

Question

Quizplus · Accepted Answer

Price cap regulation involves setting a price ceiling, which is a limit on the price that can be charged, rather than focusing on marginal or average cost pricing.

The Process of Price Cap Regulation Includes Which of the Following