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    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 11: Regulation and Antitrust: The Role of Government in the Economy
  5. Question
    The Economic Theory of Regulation Holds That Regulation Is a Response
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The Economic Theory of Regulation Holds That Regulation Is a Response

Question 3

Question 3

True/False

The economic theory of regulation holds that regulation is a response by government to cases in which markets cannot efficiently allocate resources.

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