Edision electric companys president has been arguing that


Edision Electric Company's president has been arguing that residential electric rates need to be raised relative to industrial rates. His reason is that the rate of return that company earns on its assets is higher from its industrial customers than from its residentail customers. Is this a good reason? Hint: how can Edision determine its assets dedicated to the two classes of customers?

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Microeconomics: Edision electric companys president has been arguing that
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