Multiple Choice
If ball-bearing producers support proposed regulation of their industry, then it is likely that
A) ball-bearing prices will decrease under regulation
B) profits of firms in the ball-bearing industry will decrease after regulation
C) ball-bearing producers are concerned about the best interests of the public
D) ball-bearing producers will not attempt to influence the adoption of the regulation
E) consumers of ball-bearings will suffer from the proposed regulation
Correct Answer:
Verified
Correct Answer:
Verified
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