True or false ? Price cap regulation describes a policy where government sets the price of a natural monopolist's product and then allows the firm to maximize profit.

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asked Jan 14, 2021 2.1k views

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True or false ? Price cap regulation describes a policy where government sets the price of a natural monopolist's product and then allows the firm to maximize profit.

Social Studies
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Carrutherji asked

by Carrutherji

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Answer: I beleive that it is false

Sorry if i am wrong

Wiles Duan answered Jan 20, 2021

by Wiles Duan

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