What are Property, rights and contract enforcement in rationale for government intervention?

Q: In the absence of government action, the private market would probably not provide as much police…

A: Step 1-  Private market offer goods that are rival and excludable which means the consumption of any…

Q: discuss the argument that education should be subsidized because it creates a positive externality

A: Externality is the negative or positive spillover by the consumer or producer which affects the…

Q: What is the difference between government regulation and government intervention in the market?

A: Market: In economics, the word market refers to the physical or the virtual place where sell and…

Q: Why are efficiency taxes preferred to regulatory policies as methods remedy externalities?

A: Externalities alludes to circumstances when the impact of creation or utilization of labor and…

Q: Explain the basic type of market structure in economics and explain them properly with clear…

A: 1] Perfect Competiton  In an ideal contest market structure, there are countless purchasers and…

Q: How does competition between capitalist firms trigger tendencies for overproduction?

A: Capitalist firm are exist in capitalist economy where economic decision which are what to produce ,…

Q: In general, what are some of the tactics the government uses to correct market failure? List 3 and…

A: Since you have asked multiple questions, we will answer only the first one for you. If you want the…

Q: How does the tort of conversion of personal property differ from trespass to personal property?…

A: Trespass is essentially a violation committed against the real possessor, hence it cannot be…

Q: What are Property, rights and contract enforcement in rationale for government intervention?

A: According to the given question, Here we need to find the property, rights and contract enforcement…

Q: Why should regulatory regimes be ‘proportionate’ and ‘real-time’? What are the fundamental building…

A: The fundamental building blocks are atoms.

Q: Which of the following economic concepts causes the free rider problem? Rivaled consumption. When a…

A: Correct : Nonexcludablity in consumption

Q: Incentive-based regulatory approaches: O are viewed favorably by most economists as a wayi O provide…

A: An administration guideline, (for example, a tradable outflows stipend) that is designed to actuate…

Q: How does politics impact the issue of cost benefit analysis from a regulatory perspective? How does…

A: Cost benefit analysis: It refers to a situation under which the producers try to minimize their cost…

Q: Market imperfections abound in Canada, brought about by externalities. If some activity creates…

A: Market imperfection occurs when an economic market does not meet rigorous standards of the…

Q: Contrary to predictions, for-profit colleges and universities are more expensive than public…

A: Between 1980 and 2005, tuition at private colleges in the United States more than doubled in real…

Q: True False Answer Bank The term "cap and trade" describes regulation by marketable permits Compared…

A:

Q: Which of the following is an example of federal agency regulations that impact business operations?

A: An IRS audit is a review/examination of a company's or individual's accounts and financial…

Q: Street justice is a term frequently employed by the police to justify the use of physical force…

A: Street justice is never legal as a sufficient justification because it encourages a violent mindset…

Q: make a practice problemabout supply and demand curve with graph and interpr

A: Ans in step 2

Q: Which of the following conditions increased the demand for consumer protection? poor housing…

A: Consumer Protection refers to a set of rules aimed at  protecting the rights of consumers in a…

Q: Which of the following is NOT an example of government intervention in the market? a. Corporate…

A: When markets allocate resources inefficiently, governments intervene in the market. Resources are…

Q: Identify and explain each of the four primary sources of modern United States law, describing and/or…

A: Every state in the United States, as well as the entire country, has a Constitution. A constitution…

Q: As the Great Depression began in 1929, and millions of Americans found themselves in a terrible…

A: Depression refers to the fall in economic activity severely and for a long time. Great depression of…

Q: How do government failures provide rationale and justification for public policy?

A: In the context of public economics, government failure is defined as an economic inefficiency…

Q: Analyse the role of market failure as a justification for government intervention.

A: Market failure is a situation when the free market fails to optimally allocate resources. In order…

Q: What do each of the following have in common? public good unregulated monopoly a…

A: " In economics, public goods, unregulated monopolies, negative externalities, information failure…

Q: Distinguish among the four perspectives on corporatesocial responsibility

A: Corporate social responsibility refers to the concept where the companies provide some portion of…

Q: Would Warby Parker be more or less financially successful if it were not so focused on social…

A: Warby Parker is an online business organization established by four Wharton colleagues in 2010. The…

Q: No government can sustain or effectively operate without it's powers. Enumerate and discuss each of…

A: Inherent powers are powers of a division of government not particularly listed in the constitution.…

Q: Common resources area. efficiently provided by market forces.b. underprovided in the absence of…

A: Common resources are non-excludable but rival in consumption. Everyone accesses the common resources…

Q: The Affordable care act passed by the Obama Administration initially required all US taxpayers to…

A: The Affordable Care Act (ACA) is the program that was passed in 2010. Initially, it required all the…

Q: The government can force you to sell your personal residence to them for fair market value…

A: Answer - The law of eminent domain comes Under the "Taking clause " of the fifth amendment  .  which…

Q: Externalities can be ________ by collective (i.e.) ________ action. a. enhanced // market b.…

A: Governments and establishments regularly make moves to disguise externalities, in this way…

Q: Do you believe complicated principles, like competition, apply in both private and public…

A: Competition is a situation under which the various economic firms attempt to obtain a share of the…

Q: Explain why externalities pose a problem for the utilitarian/invisible hand argument

A: The Invisible hand argument by Adam Smith Suggests that the consumers as well as the firms will…

Q: Describe the difference between a property rule and a liability rule? What legal enforcement…

A: An entitlement is protected by a property rule to the extent that somebody who wishes to get rid of…

Q: Which economic concept most closely relates to the legal concept of justiciability? economies of…

A: Justiciability is the condition where the benefit of a person does not cause injustice for the other…

Q: Name several nongovernmental regulatory forces.Do you believe self-regulation is more or…

A: Non-governmental: Associations free of government contribution are known as non-administrative…

Q: In most cases, it is not illegal to sell such products togovernments, oppressive or otherwise. But…

A: A market development strategy tends to target the non-buying customers being in currently targeted…

Q: Provide a Thorough Explanation and examples of the below as it relates to Jamaica politics. a.…

A: The Queen, with the discussion with Prime Minister, appoints a governor-general as her…

Q: What challenges and opportunities would arise from higher and lower degrees of government…

A: Government intervention in the market refers to the regulation of the market by the government…

Q: how does public opinion impact our society and our political system? (American government 101)

A: By its actual nature, the majority rule process prods residents to shape opinions on various issues.…

Q: electronic cigarettes should be taxed and regulated like conventional cigarettes? Exp

A: Cigarettes are the most harmful consumption product as It contains excessive amount of tobacco which…

Q: explain how government impacts on business

A: In a mixed economy or centrally Planned economies the role of the government is important in…