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If we accept that the marketplace is the regulator for those industries where there is no...

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Economics

If we accept that the marketplace is the regulator forthose industries where there is no monopoly, do you think that themarketplace makes the same decisions as a regulator? Why or whynot? What objectives would a regulator who is regulating a naturalmonopoly pursue? Are these the best goals? Why or why not?

Answer & Explanation Solved by verified expert
4.0 Ratings (785 Votes)
Marketplace does not makes the same decision as a regulator Markets when set free always focus on reaching an equilibrium middle for consumers and producers in case of a goods and services market between labours and employees in a labour market and so on Markets when set free make the most efficient decision in order    See Answer
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