Which of the following is not a major criticism of social regulation?
A) It is anticompetitive.
B) It will increase product prices.
C) It will increase the rate of innovation in the economy.
D) It will impose a larger burden on small firms compared to large firms.

Question

Quizplus · Accepted Answer

Increased social regulation is generally viewed as a potential limitation on innovation in the economy, not a way to increase it. A major criticism of social regulation is that it can be anticompetitive, increase product prices and impose a larger burden on small firms compared to large ones.

Which of the Following Is Not a Major Criticism of Social