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Author Question: Economists use the term 'regulatory capture' to mean a situation where the private-sector firms ... (Read 25 times)

vicky

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on: May 25, 2020

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.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by vicky on May 25, 2020

Cheesycrackers

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vicky

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

billybob123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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