This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the social interest theory of regulation? How does it differ from the capture theory of ... (Read 118 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
What is the social interest theory of regulation? How does it differ from the capture theory of regulation?
 
  What will be an ideal response?

Question 2

Which of the following is a solution to the problem of moral hazard in the labor market?
 
  A) Provision of real wages
  B) Provision of nominal wages
  C) Provision of efficiency wages
  D) Provision of minimum wages


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

The social interest theory of regulation is that regulators seek an efficient use of resources. The capture theory asserts that producers capture the regulators so that the regulation is designed to help the producers maximize their economic profit.

Answer to Question 2

C


wenmo

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
:D TYSM

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Humor and Violation of Social Norms Humor and Violation of Social Norms
Theory of Mind Theory of Mind
Social Networks Social Networks
A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960 A Sociological Timeline of Major Figures in the Development of Sociological Theory, 1820–1960
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Transcriptional regulation by a riboswitch mechanism Transcriptional regulation by a riboswitch mechanism
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library