The justification for regulation of businesses that provide goods and services that are important to the public well-being is based on:

Question

Quizplus · Accepted Answer

The justification for regulation of businesses that provide goods and services important to public well-being is primarily based on the public interest. This involves ensuring that these goods and services are available, affordable, and of a quality that meets societal standards, thereby protecting consumers and preserving the welfare of the public.

The Justification for Regulation of Businesses That Provide Goods and Services