The social interest theory of regulation is that
A) regulators help producers maximize economic profit.
B) regulation seeks to increase the government's revenue.
C) regulation causes producers to produce at a point where they are earning normal profits.
D) regulation seeks an efficient use of resources.
E) regulation focuses on the consumers' interests and ignores producers' interests.
D
Economics
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a. True b. False
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Indicate whether the statement is true or false
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