What is meant by direct regulation? Give a few examples of direct ...

[Davideckstein7]

What is meant by direct regulation? Give a few examples of direct regulation.
 
  What will be an ideal response?

Question 2

Refer to Figure 2-8. Suppose Vidalia is currently producing 20 dozen orchids per period. How many roses is it also producing, assuming that resources are fully utilized?
 
  A) 30 dozen roses B) 50 dozen roses C) 100 dozen roses D) 150 dozen roses

[ErinKing]

Answer to Question 1

Direct regulation or command-and-control regulation refers to direct actions by the government to control the level of a certain activity. These could include fishing quotas, zoning restrictions, antismoking laws, and blue laws (laws that restrict liquor sales on Sundays).

Answer to Question 2

D

[Davideckstein7]

Gracias!

[zacnyjessica]

Thanks for the timely response, appreciate it