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Author Question: Economists use the term 'regulatory capture' to mean a situation where the private-sector firms ... (Read 70 times)

vicky

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Question 1

In the UK regulation of public utilities has traditionally concentrated on ________ and in the USA on ________.
◦ profits, profits
◦ prices, profits
◦ profits, prices
◦ prices, prices

Question 2

Economists use the term 'regulatory capture' to mean a situation where the private-sector firms being regulated
◦ persuade the government to change the regulatory regime.
◦ are allowed to regulate themselves.
◦ bribe the regulator.
◦ persuade the regulator to act in the firms' interests.


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Marked as best answer by vicky on May 25, 2020

Cheesycrackers

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vicky

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Reply 2 on: May 25, 2020
Excellent


amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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