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masya89 [10]
3 years ago
15

What is regulatory capture and why is it illegal?

Business
1 answer:
Zepler [3.9K]3 years ago
4 0
Regulatory capture. Regulatory capture is a form of government failure which occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns of special interest groups that dominate the industry or sector it is charged with regulating.
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Suppose the government imposes a 20-cent tax on the sellers of artificially-sweetened beverages. The tax would shift a. demand,
Sedbober [7]

Answer:

b. supply, raising the equilibrium price and lowering the equilibrium quantity in the market for artificially sweetened beverages.

Explanation:

In the case when the government impose the tax of 20% on sweetened beverages so here the price should be increased but at the same time the quantity is decreased as the supply curve shifted to the leftward where the demand curve is not impacted at all due to this things the price increased and the demand is decreased

Therefore the option b is correct

4 0
2 years ago
Type the correct answer in the box. Spell all words correctly. In which book of accounts do businesses record their daily financ
Marysya12 [62]

Answer:

Journal.

Explanation:

Businesses record their daily financial transactions in a journal, also known as the businessperson's diary.

A journal entry involves the process of keeping the records of business transactions made by an organization.

The journal entry is used by bookkeepers and accountants. Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.

In Accounting, most businesses use a double-entry account system and as such, the total amount debited must equal the total amount credited in a journal entry.

6 0
3 years ago
The proteins that exert the greatest colloid osmotic pressure to maintain blood volume and blood pressure are called.
lesya [120]

The proteins that exert the greatest colloid osmotic pressure to maintain blood volume and pressure are called: Serum Albumin.

<h3>What is Serum Albumin?</h3>

Serum Albumin is a form of protein that is located in blood plasma. It makes up about 55% of the proteins in blood plasma.

Serum albumin also exerts the greatest colloid osmotic pressure that amounts to 22 mm Hg. This figure is followed by the globulins that account for pressure of just 6 mm Hg.

Learn more about Serum Albumin here:

brainly.com/question/2456851

8 0
1 year ago
Planning is often called the primary management function because​ _____________.
lesantik [10]

Planning is often called the primary management function because,

a. it establishes the basis for all the other things managers do

-Mabel <3

4 0
3 years ago
Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for the car in 1978 and it's wort
gulaghasi [49]

Answer:

B) Tom's statements provide grounds to set the contract aside.

Explanation:

When we are talking about setting a contract aside, it means that the contract is voidable. A voidable contract is valid until one of the parts decides to void it. In this case, if Victoria decides to purchase Tom's car and later discovers that he lied about the price, she can void the contract and return the car to get her money back.

What Tom is doing is basically lying about the material facts of the product that they are bargaining and it represents a valid reason for voiding the contract.

5 0
2 years ago
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