1.

Which of the following is true about the way by which SDG&E has been regulated by the PUC?

A. SDG&E has been allowed to earn very high economic profits
B. The profits of SDG&E are calculated as a percent of the value of the capital goods
C. When the demand for electricity would fall, the price of electricity would also fall
D. All of the above
Answer» B. The profits of SDG&E are calculated as a percent of the value of the capital goods


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