Under the Social Interest Theory of Regulation,the Goal of Regulating

Multiple Choice

Under the social interest theory of regulation,the goal of regulating natural monopolies is

A) to provide a larger, though not maximum, profit for the firms.
B) to use average cost pricing.
C) to provide an outcome similar to the competitive outcome.
D) to provide a the maximum profit for the firms.
E) None of the above answers is correct.