The early U.S. canals and railroads were built by private enterprise without the aid of governments

The theory that regulation helps producers to maximize profit is the

A) social interest theory. B) consumer surplus theory. C) antitrust theory. D) capture theory. E) oligopoly theory of regulatory bodies.

Which of the following statements is NOT true about the rationing of goods?

A) Goods can only be rationed by price. B) Goods can be rationed on a first come first serve basis. C) Goods can be rationed by random. D) Goods can be rationed by the use of coupons.