« previous next »

Author Question: According to the special interest theory, a. economic regulation is designed to promote social ... (Read 61 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
According to the special interest theory,
 a. economic regulation is designed to promote social welfare
  b. producers may be able to influence regulators to impose restrictions favorable to producers
  c. groups of consumers with special interests may be able to control a regulatory agency to their own benefit
  d. foreign lobbyists may be able to control a regulatory agency to their own benefit
  e. the fighting between special interest groups over economic regulation may cancel out effects of such regulation

Question 2

At its present rate of output, 200 units, a perfectly competitive firm has variable costs of 10,000 and marginal cost of 50, and accepts the market price of 40 per unit. To improve its profit/loss situation, this firm should
 a. increase output
  b. reduce output but not to zero
  c. maintain the present rate of output
  d. shut down
  e. raise the price


memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
Sodium’s chief role is regulation of fluid balance Sodium’s chief role is regulation of fluid balance
economic economic
Bronfenbrenner's bioecological theory Bronfenbrenner's bioecological theory
economic question economic question
economic question economic question
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library