Restrictive regulations: Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways: Regulation on economic Regulation on society Regulation on administration The above regularity can make changes in economic, social and technical way. Economic regulation: This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services. Social regulation: This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers. Administrative regulation: This regulation is related with taxes, business operation and property rights including public and private sectors.

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Answer 1

Question

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

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Answer 2

Question

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

Expert Solution & Answer

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Answer 3

Question

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

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Answer 4

Question

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

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Answer 5

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

Answer 6

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

Answer 7

Chapter 10.4, Problem 2NFBQ

Program Plan Intro

Restrictive regulations:

Regulations refer to the government policies and the behavior of an organization in the firm. Such government policies usually justified on market failures and need to ensure society comfort. This regulations can be categorized into three ways:

Regulation on economic

Regulation on society

Regulation on administration

The above regularity can make changes in economic, social and technical way.

Economic regulation:

This regulation is used to improve the effectiveness of delivering goods and services in markets. This regulation also includes all government restrictions regarding prices, quality, and services.

Social regulation:

This regulation tells about the defense of environment. It includes the protection of healthcare, employees, and buyers from incompetent behavior by sellers.

Administrative regulation:

This regulation is related with taxes, business operation and property rights including public and private sectors.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 10.4 - Prob. 1NFBQ Ch. 10.4 - Prob. 2NFBQ Ch. 10.4 - Prob. 3NFBQ Ch. 10.4 - Prob. 4NFBQ Ch. 10.4 - Prob. 5NFBQ Ch. 10.4 - Prob. 6NFBQ Ch. 10.5 - Prob. 1EGDQ Ch. 10.5 - Prob. 2EGDQ Ch. 10.5 - Prob. 3EGDQ Ch. 10.5 - Prob. 4EGDQ

Solution Summary: The author explains that restrictive regulations can be categorized into three ways: economic regulation, social regulation and administrative regulation.

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