According to the ________ theory of regulation, regulators must take into account the preferences of legislators, consumers, and producers.

A positive statement i. makes a statement about how the world operates. ii. is a true statement. iii. can be tested against the facts

A) i and ii B) i and iii C) ii and iii D) i, ii and iii E) i only

Labor productivity can be increased with

A) education and training of the workforce. B) an increase in capital goods used. C) improvements in management. D) all of the above