Regulatory intervention must balance the anticipated improvements in market outcomes against the economic costs of regulation.

Question

Quizplus · Accepted Answer

Regulatory intervention must carefully consider the expected benefits of improving market outcomes against the potential economic costs of implementing and enforcing regulations. This requires a balancing act to ensure that regulatory interventions do not impose unnecessary burdens on businesses and consumers while still achieving the intended goals.

Regulatory Intervention Must Balance the Anticipated Improvements in Market Outcomes