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Bess [88]
3 years ago
15

More theories of regulation The capture theory of regulation asserts that: Regulators capture the economic profits of the firms

they regulate Workers in regulated firms earn lower wages Regulators promote the interests of the firms they regulate
Social Studies
1 answer:
netineya [11]3 years ago
4 0

Answer: Regulators promote the interests of the firms they regulate.

Explanation: Capture theory of regulation asserts that regulators promote the interest of the firms they regulate. The result is that an agency that are charged with acting in the public interest, instead acts in ways that benefit the industry it is supposed to be regulating. Capture theory of regulation is a theory that explains agency established to regulate an industry for the benefit of society acts in the opposite to promote the benefit of the industry.

Regulatory capture is an economic theory which asserts that regulatory agencies may come to be dominated by the industries or interests they are charged with regulating. The captured agency begins to advance the interests of the industry rather than protecting the consumers. Problems arise when a regulating agency acts in the interests of regulated industry to the detriment of the general public.

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A tack weld must be correctly applied so that it is strong enough to hold the assembly and still not interfere with the finished welding.

Welding could be a fabrication method whereby 2 or additional elements are consolidated along by suggests that of warmth, pressure or each forming a be part of because the elements cool. fastening is typically used on metals and thermoplastics however also can be used on wood.

The tack weld ought to be robust enough to resist forces to that it should be subjected. The tack welds ought to be fitly sized so they'll manage the load of the elements that they're holding. Tack welds are usually created once the assembly is being preheated as preparation for the final welding process.

To learn more about Welding here

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