If producers support a proposed regulation in favor of their industry,then _____
A) it is likely that consumers will benefit from the regulation.
B) it is likely that the regulation will eliminate deadweight loss.
C) it is likely that both producers and consumers will be adversely affected by the legislation.
D) it is possible that consumers will be adversely affected by the legislation.
E) it is likely that prices will fall.
Correct Answer:
Verified
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