If a regulatory commission wants to provide a natural monopoly with a fair return, it should establish a price that is equal to . minimum average fixed cost. b. average total cost. c. marginal cost. d. marginal revenue.

The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?