Homework (Ch 15) Back to Assignment Attempts: Keep the Highest: 1 10. Public pol

Question

Homework (Ch 15) Back to Assignment Attempts: Keep the Highest: 1 10. Public policy toward monopolies Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned that an electric utility company is taking advantage of consumers with unfair pricing policies. Which of the following policy options might most effectively enable the government to achieve its objectives in this situation? O Turn the company into a public enterprise. O Use antitrust laws to increase competition O Regulate the firm's pricing behavior. Do nothing at all.

Explanation / Answer

Option 1
By turning the company into a public enterprise it would give more control over price and would be much easier to regulate.

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