Recent Posts • Latest Topics • Unanswered Questions

According to economist George Stigler, the process of regulating firms with market power becomes ...

rosenrot

wrote...

Go to Answer

Posts: 162

Rep:

A year ago

According to economist George Stigler, the process of regulating firms with market power becomes ...

According to economist George Stigler, the process of regulating firms with market power becomes suspect over time. Why?

▸ Regulators impose additional costs on regulated firms because they are expected to accomplish other social goals.

▸ Regulated firms devise methods to circumvent the regulations.

▸ Regulation leads to corruption of political parties.

▸ Regulators shift from protecting the consumer to protecting the regulated firm from competition.

▸ Regulated firms are allowed to expand into other markets and drive out competing firms.

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

Read 22 times

1 Reply

Report

Replies

Answer verified by a subject expert

omolola69

wrote...

Posts: 122

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

rosenrot Author

wrote...

A year ago

Thanks for your help!!

Fleury

wrote...

Yesterday

Good timing, thanks!

patyfeitosa

wrote...

2 hours ago

Brilliant ツ

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

874 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

247

644

4508

Your Opinion

Previous poll results: Where do you get your textbooks?

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.