Goals of the government when regulating network goods include low consumer prices, high firm costs, and high product quality.

Question

Quizplus · Accepted Answer

The goals of government regulation in the context of network goods typically include ensuring low consumer prices, promoting competition, and ensuring high product quality, but not aiming for high firm costs. Instead, the government often seeks to balance firm costs to encourage investment and innovation while protecting consumer interests.

Goals of the Government When Regulating Network Goods Include Low