Who receives benefits if regulation works according to social interest theory?
A) the entire economy
B) cohesive interest groups
C) everyone not in the cohesive interest group
D) the regulators
E) It is impossible to determine who benefits.
A
Economics
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With a home monopolist, the imposition of a tariff results in:
a. a higher deadweight loss than a quota. b. a higher price for consumers than a quota. c. a lower deadweight loss than a quota. d. the same welfare effects as a quota.
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Since the 1940s, the demand for labor has expanded equally for both skilled and unskilled workers
Indicate whether the statement is true or false
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