This discussion question has two parts, a and b. Be sure to answer both parts: a.) Select one or more rules or regulations that Dean Bakerspecifically suggests would lead to a more "level" playing field in the transportation industry and explain why you think this is or is not soundpublic policy. As a related aspect of this question: Do a web search to find out if the business practices of Uber or Lyft have changed for therule or regulation you selected and if so, describe how Lyft or Uber's business practices have changed? In your discussion answer for thispart, be sure to include the URL of the website you relied on for your information about changes by Lyft or Uber. b.) And, link the rule orregulatory proposal you chose to at least one aspects of Smith's theory (reference "Adam Smith: The Theory of Capitalism" reading fromModule 1). In other words, use Smith's theory of capitalism and competition to discuss Baker's proposal for changing the rule or regulationyou selected to discuss in part a.).

( a ) One of Dean Baker's suggestions for a more "level" playing field in the transportation…

Answered: This discussion question has two parts,…

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter12: More Realistic And Complex Pricing

Section: Chapter Questions

Problem 12.2IP

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