Multiple Choice
Which of the following arguments supports the view that regulation is not necessary,particularly to the extent that it currently exists?
A) Accounting information is like any other good, and people will be prepared to pay for it to the extent that it has a use.
B) Markets for information are not efficient and therefore produce a sub-optimum amount of information, given the problem of 'free riders'.
C) Investors need protection from fraudulent organisations that may produce misleading information.
D) Information asymmetry exists because not everyone has the same power over resources to obtain the information they need.
Correct Answer:

Verified
Correct Answer:
Verified
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