Which of the following statements can correctly be made about social regulation? I. Extensive social regulation may have an anticompetitive effect.
II) The benefits of social regulation are easier to measure than are the costs of social regulation.

Question

Quizplus · Accepted Answer

Statement I is true as extensive social regulation can limit competition by imposing additional costs on businesses that smaller firms may not be able to afford. Statement II is false as the costs of social regulation can be difficult to measure accurately.

Which of the Following Statements Can Correctly Be Made About