When regulation results in an inferior mix of output,there are

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When regulation results in an inferior mix of output, it leads to efficiency costs. This means that the resources used to produce a certain output are not being utilized efficiently, resulting in increased costs and lower overall productivity. Administrative costs and compliance costs are related to the process of regulating, but they do not directly relate to the impact on the mix of output.

When Regulation Results in an Inferior Mix of Output,there Are