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schweet schweet
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A year ago

The public choice theory of regulation states that a regulatory agency makes decisions based on



surveys of what the public believes is in the best interest.



its own conception of what is in the public's best interest.



how these decisions affect the well-being of the agency itself.



how these decisions affect the economic profits of the regulated firms.

Textbook 
Economics

Economics


Edition: 12th
Author:
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collegelife_288collegelife_288
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A year ago
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You make an excellent tutor!
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Good timing, thanks!
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