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Anonymous asked in Science & MathematicsEngineering · 2 months ago

micro economics question?

4. Fracking is the process by which oil is extracted from underground using a high-pressure water mixture. This procedure has led to accusations that is causes earthquakes as a result of the wastewater that is injected back underground. As a result, several cities and states have banned fracking operations, while others have proposed regulations on how fracking should be conducted. How do new regulations affect the costs of doing business? Do regulations represent a fixed or variable cost, or can they be both? Explain.

1 Answer

  • 2 months ago

    This seems to be Business and Finance Engineering.

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