Regulations that permit a regulated firm to cover its costs and to make a normal level of profit are commonly referred to as:.
a. price cap regulations.
b. regulatory capture.
c. profit regulation.
d. cost­plus regulation.

Wang distributors has an annual demand for an airport metal detector of 1 comma 350 units. the cost of a typical detector to wang is $400. carrying cost is estimated to be 19% of the unit cost, and the ordering cost is $24 per order. if ping wang, the owner, orders in quantities of 300 or more, he can get a 10% discount on the cost of the detectors. should wang take the quantity discount? \