Qsocial regulation is undertaken with the intention of

Assignment Help Business Economics
Reference no: EM13353596

Q. Social regulation is undertaken with the intention of improving the quality of life. The agencies most people are familiar with include: the Food & Drug Administration (FDA); the Equal Employment Opportunity Commission (EEOC); the Occupational Safety & Health Administration (OSHA); the Environmental Protection Agency (EPA); as well as the Consumer Product Safety Commission (CPSC).

Please respond to all of the following prompts:

Select one of the social regulatory agencies that you feel has affected your life. Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative? Why?

For the agency you selected, do an Internet search to find a specific example of an action this agency took regarding a specific situation or product. Write a summary of what you found "in your own words" as well as include the exact URL so we can all visit the webpage. Use quotation marks if any content is used directly from the outside source.

Opponents to regulation dislike government involvement in the markets. Should the government be involved in social regulation? Why or why not?

Reference no: EM13353596

Questions Cloud

1 derive the fundamental equation of the solow model2 : 1. derive the fundamental equation of the solow model2. country a as well as country b both have the production
Qa competitive firm sells its product at a cost of 010 per : q.a competitive firm sells its product at a cost of 0.10 per unit. its total cost function istc 5 - 0.5q 0.001q2a
Q1 confronted with a choice between 50 today or 100 one : q1. confronted with a choice between 50 today or 100 one year from now economic experts suggest that the vast majority
Q two companies a as well as b are duopolists that produce : q. two companies a as well as b are duopolists that produce identical products. demand as well as for the products is
Qsocial regulation is undertaken with the intention of : q.social regulation is undertaken with the intention of improving the quality of life. the agencies most people are
Qconsider a perfectly competitive market in which the : q.consider a perfectly competitive market in which the market demand as well as curve is given by qd 20 - 2pd as well
Q1 from a random sample of 500 registered voters in la 400 : q1. from a random sample of 500 registered voters in la 400 indicated that they would vote in favor of a proposed
Potter corporation sells office supplies to government : potter corporation sells office supplies to government agencies. the company reports the following selected account
Q1 the government is considering a policy to reduce air : q1. the government is considering a policy to reduce air pollution by restricting the use of dirty fuels by factories.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd