Question: please do fast!!! i will rate you good for sure!! please send me typed answer!! 1. An electric utility (Acme) is state regulated. The simplified

please do fast!!! i will rate you good for sure!! please send me typed answer!!

1. An electric utility ("Acme\") is state regulated. The simplified formula for ratemaking from the lectures applies to Acme. a. The Acme's sales decrease and their costs do not change, what theoretically happens to customer rates? b. if sales increase, what is more likely to happen to costs and why? Then what happens to rates? c. Acme is a \"natural monopoly". Name at least two features of a natural monOpoly in the utility industry. d. If Acme's revenue requirements are $320Mi|lion and their sales are 2.1SBillion [(whr, what would the price he (in cents per Kwtir)

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