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Page 154
... up with demand.5 Critics of declining rates generally build their case on two or more of these lines of argument . ... doubt that across - the - board rate increases would , in the long - run , tend to restrain demand growth .
... up with demand.5 Critics of declining rates generally build their case on two or more of these lines of argument . ... doubt that across - the - board rate increases would , in the long - run , tend to restrain demand growth .
Page 65
there is some small renaissance in their demand for artistic lighting ) . The demand curve moves out from over time from ( Time 1 ) to T2 and later returns to T , 13⋅ A similar movement may occur under monopolistic competition ...
there is some small renaissance in their demand for artistic lighting ) . The demand curve moves out from over time from ( Time 1 ) to T2 and later returns to T , 13⋅ A similar movement may occur under monopolistic competition ...
Page 110
The companies are obliged to provide facilities and supply services upon demand . Thus , supply and demand may be equated by decree at price levels below com- petitive cost , at least in the short run .
The companies are obliged to provide facilities and supply services upon demand . Thus , supply and demand may be equated by decree at price levels below com- petitive cost , at least in the short run .
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Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
27 other sections not shown
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accounting additional adjustment agencies allowed amount analysis application average base basis believe capacity capital changes charges Commission common companies competition concerned considered construction consumer continue cost curves customers decision demand depreciation determine earnings economic effect efficiency electric utilities energy equity estimated example existing expected expense fact factor Federal firm fuel future going growth higher important income increase industry inflation interest investment investors Iowa issues less load marginal means measure method Michigan natural operating peak percent period plant possible present problems production Public Utilities question rate of return ratio reasonable recent reduce regulation regulatory requirements reserve result revenue risk structure supply telephone tion unit