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The social interest theory of regulation asserts that regulation helps firms maximize economis profit. is aimed at kesping prices as low as possible. does not
The social interest theory of regulation asserts that regulation
helps firms maximize economis profit.
is aimed at kesping prices as low as possible.
does not work for society as well as would allowing the firms freedom from regulation.
sceks an eficient use of resources.
of a natural monopoly must be done using rate of retum regultion.
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