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If a regulatory agency determines electric prices on the

1. Develop a public interest case for the regulation of barbers and beauticians.

2. If a regulatory agency determines electric prices on the basis of a fair rate of return on investment," how might its price-setting standard affect the use of fuels in producing electricity? Would fuel oil producers favor the fair-rate-of-return method for regulating electric utilities?

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Microeconomics: If a regulatory agency determines electric prices on the

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