A criticism of social regulation is that it
A)contributes to the growth of natural monopoly.
B)increases the rate of innovation in the economy.
C)decreases the influence of the Federal government on business.
D)results in many unintended and costly side effects.

Question

Quizplus · Accepted Answer

Social regulation often leads to unintended and costly side effects, such as increased costs for businesses, which can then be passed on to consumers, or stifling of innovation due to overly stringent regulations. These side effects are not necessarily the primary goals of regulation but can occur as a result of the implementation of regulatory policies.

A Criticism of Social Regulation Is That It