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

Author Question: Which of the following best describes the capture theory of regulation? i. Regulation seeks an ... (Read 82 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
Which of the following best describes the capture theory of regulation?
 
  i. Regulation seeks an efficient use of resources.
  ii. Regulation is aimed at keeping prices as low as possible.
  iii. Regulation helps firms maximize economic profit.
  A) i only
  B) ii only
  C) iii only
  D) i and ii
  E) i, ii, and iii

Question 2

The figure above shows the marginal social cost curve of generating electricity and the marginal private cost curve. The marginal cost borne by producers when 100 billion kilowatt hours are produced is
 
  A) 5 per kilowatt.
  B) 10 per kilowatt.
  C) 15 per kilowatt.
  D) 20 per kilowatt.
  E) 0 per kilowatt.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Gracias!

komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

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?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Hormonal regulation of digestion rate in the stomach and small intestine. Hormonal regulation of digestion rate in the stomach and small intestine.
Water and salt regulation by isosmotic, hyperosmotic, and hypoosmotic aquatic organisms. Water and salt regulation by isosmotic, hyperosmotic, and hypoosmotic aquatic organisms.
The Capture and Destruction of Triton The Capture and Destruction of Triton
Iron-dependent regulation of mRNA translation and degradation Iron-dependent regulation of mRNA translation and degradation
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Regulation of translation in erythropoietic cells by heme levels Regulation of translation in erythropoietic cells by heme levels
Video: Fertilization and Development

For a complete list of videos, visit our video library