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57. In the utilities industry, rate formulas are established to allow the utilities to set total allowed revenues to recover a. only the administrative costs

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57. In the utilities industry, rate formulas are established to allow the utilities to set total allowed revenues to recover a. only the administrative costs of operations. b. only the operating costs associated with operations. c. all operating costs, depreciation, taxes, and a fair return on invested capital. d. all operating costs other than depreciation and taxes, and a fair return on invested capital

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