The Public Interest Theory of Regulation Holds That

Multiple Choice

The public interest theory of regulation holds that

A) regulators are seeking to do and will do through regulation what is in the best interest of the public.
B) over time, natural monopolies will wither away.
C) regulators are uninformed on specific matters that relate to regulation and therefore are often swayed by false information.
D) natural monopolies manipulate the public into buying particular products.