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Retnec Retnec
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6 years ago
A common criticism of industry regulation is that
A) it often protects the regulated firms from competition.
B) it leads to lower prices than would prevail in a competitive environment.
C) it has been applied to too few industries.
D) it leads to wasteful and destructive competition.
E) it often forces firms to be too innovative, forcing perfectly good products from the market.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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Retnec Author
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Thanks for your help!!
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