Economics of Regulation [861 Words]

# Economics of Regulation [861 Words]

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Answer the following questions, no more than one page for each question.

1- Limiting state intervention in an industry with a natural monopoly to no more than price regulation will avoid the inefficiencies associated with public provision. Discuss

2- Environmental regulation through command and control is less effective than other ways of correcting pollution externalities. Discuss with reference to one other form of state intervention

3- Regulations create a perverse incentive for interest groups to mobilize in pursuit of the monopoly rent created by regulation. Discuss

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Excerpt from file: Surname1 Name Instructor: Course: Date EconomicsofRegulation[861Words] QUESTION1 Limitingstateinterventioninanindustrywithanaturalmonopolytonomorethanprice regulationwillavoidtheinefficienciesassociatedwithpublicprovision.Industriesthathavea

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