Which of the following is the correct name for the idea that certain firms prefer government regulation
Question:
Which of the following is the correct name for the idea that certain firms prefer government regulation because regulation shields them from the pressures of competition and, in effect, guarantees them a regulated profit?
a. The public interest theory of regulation.
b. The Structuralists’ theory of monopoly.
c. The legal cartel theory of regulation.
d. The public regulation theory of natural monopoly
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Answer c The legal cartel theory of regulation The idea that some regulated firms ma...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
Question Posted:
Students also viewed these Business questions
-
Multiply Choice 1. Which of the following is the correct sequence of activities in the systems development life cycle? a. Design, analysis, implementation, and operation. b. Design, implementation,...
-
Which of the following is correct regarding the deduction for self-employment taxes? a. Self-employment taxes are deductible in full to arrive at adjusted gross income b. Self-employment taxes are...
-
Which of the following is correct regarding self-employment taxes? I. For purposes of the portion of self-employment tax that is equivalent to Social Security tax, taxable self-employment income is...
-
Colt Division had the following results for the year just ended: Sales..................................$750,000 Contribution margin ..................300,000 Controllable...
-
What effect did the stock market crashes of 1987 and 2001 have on consumption? Does the Keynesian theory of consumption account for this?
-
A 40-kg package is at rest on an incline when a force P is applied to it. Determine the magnitude of P if 4 s is required for the package to travel 10 m up the incline. The static and kinetic...
-
How can compensation design help mitigate agency problems?
-
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 20,000 5Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 3,000QL and CF (QF) = 4,000QF. a....
-
One key limitation of Sage 50 Accounting software, while there is a Sage 50 cloud version that offers some cloud-based features, the mobile access and functionality may not be as extensive as with...
-
Make a new version of your C++ program that creates instead a 2D array of 5x5 values of type boolean. Suppose indices represent people and that the value at row i , column j of a 2D array is true...
-
The fundamental value of a share of stock is based on the present value of expected future a. Dividends. b. Revenues. c. Profits. d. Costs.
-
On a graph of real gross domestic product over time, recessions appear as a. Relatively short and shallow drops on an otherwise increasing path. b. Long, sharp declines on an otherwise increasing...
-
Suppose that the data set in DS 15.1.1 consists of values that can be taken to be independent observations from a particular distribution. Consider testing whether the median of the distribution is...
-
Some say that for managers, hard skills (technical and business skills) are more important than soft skills (interpersonal skills and conceptual and design skills). What do you think, and why?
-
In any city at any time, some of the stock of usable office space is vacant. This vacant office space is unemployed capital. How would you explain this phenomenon? In particular, which approach to...
-
How would you motivate people in your organization to practice sustainability? Be specific with the managerial tools that you would use.
-
Are there any situations in which you might design a job using the JCM and yet the job would still not be motivational? What circumstances might cause this to happen?
-
Can you identify one case where you think the government (state or federal) is the most important stakeholder of a firm? (Do not use the government as a customer but as another external stakeholder.)...
-
If the Pockels cell modulator shown in Fig. 8.65 is illuminated by light of irradiance Ii, it will transmit a beam of irradiance It such that I t = I i sin 2 (ÎÏ/2). Make a plot of I t /I...
-
A 2500-lbm car moving at 15 mi/h is accelerated at a constant rate of 15 ft/s 2 up to a speed of 50 mi/h. Calculate force and total time required?
-
Use the demand schedule in Table BP-1 to derive a demand equation.
-
Two friends are discussing their plans for the month. One works at a movie theater and gets 10 free movie tickets; the other works at a concert venue and gets 10 free concert tickets. What can we...
-
Use these two supply and demand equations to answer the following questions. a. What is the equilibrium price? What is the equilibrium quantity? b. Draw a graph of supply and demand and illustrate...
-
Assignment 1 1. Write a program to implement the following formula for a -10 and b = 4; result = (a + 2b - 4ab)^4 // ^4 means to the power of 4 (1 mark) 2. Write a program to implement result = sin...
-
I have most of it done, I just need help fixing some things. import java.util.Scanner; public class Main { private String[] database; private Scanner input; public Main() { database = new...
-
Part 2 - WeatherMonitor Suppose you observe daily temperatures and want to know how hot each day is compared to recent days. That is, you want to: keep track of daily temperature values and know for...
Study smarter with the SolutionInn App