can someone explain what is meant by the carrot and stick approach as a disadvantage for regulation and also explain what is meant by firms may not pass prices down to consumers as a disadvantage for subsidies-(government intervention)
And finally why is regulation expensive?
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OCR ECONOMICS MARKETS IN ACTION MAY 11 discussion watch
- Thread Starter
- 18-04-2015 13:24
- Official Rep
- 19-04-2015 23:40
Sorry you've not had any responses about this. Are you sure you’ve posted in the right place? Posting in the specific Study Help forum should help get responses.
I'm going to quote in Puddles the Monkey now so she can move your thread to the right place if it's needed.
Spoiler:Show(Original post by Puddles the Monkey)