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Regulated utilities, for example, are under constant scrutiny to be sure that they are allocating costs appropriately, and that any subsidies conform to public
by JJMcJ 4y ago
Regulated utilities, for example, are under constant scrutiny to be sure that they are allocating costs appropriately, and that any subsidies conform to public policy.
Somehow the medical industry has so far largely avoided such oversight.
Even within a single enterprise, misallocation of costs can lead to inefficiencies.