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 75 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
Great answer, keep it coming :)

  • Member
  • Posts:
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Explaining “Moving Continents”— The Theory of Plate Tectonics Explaining “Moving Continents”— The Theory of Plate Tectonics
Role of cooperativity of binding in regulation Role of cooperativity of binding in regulation
It is difficult to capture the anguish of the children of divorce, but when I read these lines by ... It is difficult to capture the anguish of the children of divorce, but when I read these lines by ...
Endocrine regulation of food intake and energy homeostasis in mammals Endocrine regulation of food intake and energy homeostasis in mammals
Feedback regulation of HMG-CoA reductase activity Feedback regulation of HMG-CoA reductase activity
Negative Feedback Regulation of BP Negative Feedback Regulation of BP
Video: Acid-base imbalances - metabolic acidosis and alkalosis

For a complete list of videos, visit our video library