If we accept that the marketplace is the regulator for those industries where there is no...

80.2K

Verified Solution

Question

Economics

If we accept that the marketplace is the regulator forthose industries where there is no monopoly, do you think that themarketplace makes the same decisions as a regulator? Why or whynot? What objectives would a regulator who is regulating a naturalmonopoly pursue? Are these the best goals? Why or why not?

Answer & Explanation Solved by verified expert
4.0 Ratings (785 Votes)
Marketplace does not makes the same decision as a regulator Markets when set free always focus on reaching an equilibrium middle for consumers and producers in case of a goods and services market between labours and employees in a labour market and so on Markets when set free make the most efficient decision in order    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students