Regulation Is Guaranteed to Be More Efficient Than a Monopoly

Multiple Choice

Regulation is guaranteed to be more efficient than a monopoly.

A) True, the government is able to internalize the dead weight loss of the monopoly.
B) True, the consumers are better off if government provides the product rather than a private firm.
C) False, the government does not always have sufficient information to provide a more efficient market outcome.
D) False, the consumers are worse off under government regulation.