Hello, I have a question after watching this video. Can you explain please?   In what ways can companies pay the government off to then have an unfair advantage?   https://vimeo.com/107854987

Q: a. Tattoo artists are required to be licensed. Use a graph to show how a licensing requirement…

A: The difference between what a seller has paid and the cost of manufacturing is referred to as…

Q: Answer the following questions with the graph and match the key words with the correct box.   a)…

A: a) Before the government regulation, the price of crab is determined by the intersection of the…

Q: If you have two major firms that are government-owned but do not use taxes to operate, is…

A: The social welfare is maximized when the economy is efficient. The social welfare is the summation…

Q: I can purchase a wide variety of books, as can all students in this class. Each book has a different…

A: There are mainly 4 types of market structure : Perfect competition  Monopoly  Monopolistic…

Q: Three roommates, Alan, Billy and Casey, are planning to spend the weekend in their dorm room…

A: In economics, a public good is a commodity or service made available to all members of a society.…

Q: command-and-control regulation?     The U.S. government determines solar panels are cleaner energy…

A: In a market, one of the government's policies to deal with externality is command-and-control…

Q: Draw an upward-sloping supply curve and a downward sloping demand curve. The market is initially…

A: Consumer surplus is the area below demand curve and above price.  Producer surplus is the area below…

Q: There is a trolley car racing down the track toward five workers. The only way to avoid killing…

A: Before we can determine which ethical theory the trolley driver used, we need to understand what…

Q: Politicians and citizens may often choose policies that reduce economic efficiency because they are…

A: Policies: It is a system used to guide decisions and achieve rational outcomes.

Q: Ralph Nader, a member of the school board in San Joaquin County, is appalled at the amount of junk…

A: Police Power refers to the inherent authority of a state to enact laws and regulations for the…

Q: What are some main reasons for government shutdown? List and explain at least 3 such reasons.…

A: PART 1 Government Shutdowns: What Causes Them?   The federal government and the federal budget…

Q: Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they are: “nowhere necessaries of life”…

A: Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they is: “nowhere necessaries of life”…

Q: Image uploaded answer is not allowed please dear expert

A: Approach: One has to read and understand the passage provided before the questions. To answer, the…

Q: the same opportunities and threats will apply to each of them

A: A PESTEL analysis is an acronym for a tool used to identify the macro (external) forces facing an…

Q: How would you describe the development of the market regulation and the concept of "fair…

A: In a market with fair competition, all businesses compete on an even playing field without…

Q: Price (thousands of dollars) 100 80 60 40 20 5 10 15 MC 20 MB 25 Quantity (police officers) The…

A: Step 1:The correct answer is D. marginal cost will exceed marginal benefit, which means that the…

Q: Which of the following is an example of specific reciprocity? Group of answer choices (pick one)…

A: Specific reciprocity is a practice in international trade by which two parties give to each other at…