### Compare the costs and benefits of regulation

##### Reference no: EM13851955

Compare the costs and benefits of regulation. In your opinion, do the benefits outweigh the cost or do the costs outweigh the benefits? What are the advantages and disadvantages of deregulation?

#### Indicate the long-run post-subsidy situation in this market

Assume that the state government is interested in subsidizing the local production of steel. The current price of steel is \$1600 per ton and the government wants to provide a

#### To allocate scarce resources-free-market capitalism

Why would the gov't want to limit gas price increases? Isn't that exactly what we want to happen (price increases), to allocate scarce resources? Is the gov't in the 'price co

#### Suppose the firms compete in quantities

Suppose that market demand for golf balls is described by Q = 90 − 3P, where Q is measured in kilos of balls. There are two firms that supply the market. Each firm has a const

#### Ricardian model of international trade

Explain the so-called "Ricardian" model of international trade, including its assumptions, and use this model to explain why and how both of the two countries considered count

#### Now assume that sprockets obtained waiver from the bank

Now assume that Sprockets obtained a waiver from the bank on December 30, 2009 stipulating that the debt covenant violation must be rectified within 90 days. Determine whether

#### Block can be deliberate or the result of social structure

Do a Library search for an articles about Robert Merton's Structural Strain Theory. This theory talks about the kinds of responses that one might expect when the "normal" legi

#### Firm must pay to induce two workers to work for the firm

A monopsonist faces a labor supply curve given by LS = −300 + 0.01w , where w is the annual salary. What is the lowest salary the firm can pay yet still induce one worker to w

#### What do you expect the exchange rate to be a year from now

Suppose that the current exchange rate is 200 yen per dollar, the U.S. interest rate is 6%, the Japanese interest rate is 4%, and there is no risk premium. What do you expect