Which of these is a goal of the government when regulating network goods?
A) impeding productivity
B) increasing consumer choices
C) increasing firms' costs
D) permitting firms' exclusive access to consumers

Question

Quizplus · Accepted Answer

Increasing consumer choices is a goal of government regulation in the context of network goods. This is because network goods often exhibit network externalities, where the value of the good to one user depends on how many other users there are. Government regulation can help ensure that monopolistic practices do not limit consumer options and that standards or interoperability requirements expand the network benefits for all users.

Which of These Is a Goal of the Government When