The theory of regulatory behavior that suggests that regulators must consider the demands of legislators, consumers, and members of the regulated agency is called
A) the capture theory.
B) share-the-gains, share-the-pains theory.
C) the natural theory.
D) the creative theory.
B
Economics
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Suppose a tax equal to the value of the external cost of producing car batteries is imposed by government on all car battery manufacturers. All of the following will result from the tax except
A) an increase in demand for car batteries. B) a decrease in the market supply of car batteries. C) an increase in the equilibrium price of car batteries. D) a decrease in the equilibrium quantity of car batteries produced and consumed.
Economics
An increase in the wage rate lowers the opportunity cost of leisure and induces people to enjoy more leisure
a. True b. False Indicate whether the statement is true or false
Economics