The Odessa Independent Phone Company (OIPC) is currently engaged in a rate case that will set rates for its Midland-Odessa area customer base. OIPC has total assets of $20 million. The Texas Public Utility Commission has determined that an 11 percent return on assets is fair. OIPC has estimated its annual demand function as follows: a. OIPC has proposed a rate of $250 per year for each customer. If this rate is approved, what return on assets will OIPC earn? b. What rate can OIPC charge if the commission wants to limit the return on assets to 11 percent?c. What problem of utility regulation does this exercise illustrate?

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)