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a) Discuss the 2 primary theories of regulation (Public Interest and Chicago) on how the theories explain the purpose and function of regulation. b) Pick

a) Discuss the 2 primary theories of regulation (Public Interest and Chicago) on how the theories explain the purpose and function of regulation. b) Pick 2 regulatory agencies that impact economic activity. Discuss from the viewpoint of either Public Interest or Chicago theory how these regulatory agencies carry out their mission.

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