Economics

Command and control systems are better than green taxes, as they act as a continuous incentive for ...

Started by P68T

Tradable permits are a mix of regulation and market-based systems.

Started by RYAN BANYAN

Environmental scanning is where a business surveys social and political trends in order to take ...

Started by corkyiscool3328

The optimum level of road usage would be that at which the external costs of motoring were zero.

Started by saliriagwu

In the absence of externalities, a monopoly will charge a price above the level where MSC = MSB and ...

Started by clmills979

The existence of free riders in research and development (R&D) will increase R&D expenditure as it ...

Started by stevenposner

If everyone is achieving allocative efficiency then this must mean social efficiency.

Started by K@

The equilibrium price for a pure public good is always greater than zero.

Started by Capo

Public goods are non-rival in consumption and non-excludable.

Started by MGLQZ

Assuming no externalities, social efficiency will be achieved where marginal private benefit equals ...

Started by Brittanyd9008

Private efficiency occurs when marginal revenue exceeds marginal cost.

Started by asan beg

In the UK it is now becoming possible to buy electricity from a gas company and gas from an ...

Started by mynx

If the rate of retail price inflation is 4 per cent and if the regulator feels that firms ought to ...

Started by hbsimmons88

Many privatised industries in the UK have been subject to price regulation through the RPI - X ...

Started by jon_i

The RPI-X method of regulation refers to

Started by APUS57

Economists use the term 'regulatory capture' to mean a situation where the private-sector firms ...

Started by vicky

If a nationalised industry is run in the public interest or if the industry is privately owned, but ...

Started by APUS57

If it is regarded as socially desirable, for reasons of equity, to provide loss-making rural bus ...

Started by ericka1

Which of the following will NOT encourage research and development?

Started by shofmannx20

Which of the following are considered anti-competitive practices by the EU?

Started by NguyenJ

The following diagram shows a monopoly. The behaviour of such firms is a target for competition ...

Started by ereecah

Anti-monopoly legislation is undertaken to ________ competition and market regulation is undertaken ...

Started by Collmarie

Of the following:(i) The CMA (Competition and Markets Authority)(ii)The Treasury(iii)The European ...

Started by 123654777

Of the following:(i) The CMA (Competition and Markets Authority)(ii)The Treasury(iii)The European ...

Started by pepyto

What is the main criterion used in the UK when deciding whether action should be taken against a ...

Started by bio_gurl