Reference no: EM131088928

Question 1 - interstate and intrastate

Why are interstate and intrastate telecommunications regulated by different agencies?

Question 2 - revenue requirement

What do the terms revenue requirement, rate base, rate of return, price cap really mean and how do they apply to telecommunications?

Question 3 - rate-of-return regulation

Give a formula for rate-of-return regulation and explain its advantages and disadvantages.

Question 4 - Plant depreciation and rate-of-return regulation?

How is plant depreciation handled in rate-of-return regulation?

Question 5 - Price Cap Regulation

Give a formula for price-cap regulation and explain its advantages and disadvantages