Who receives benefits if regulation works according to social interest theory?

Name: Who receives benefits if regulation works according to social interest theory?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Social interest theory posits that regulation is designed and implemented to benefit the public at large, meaning the entire economy benefits from such regulations. This theory assumes that regulations are made to correct market failures, protect public goods, and ensure fair competition, thereby benefiting all participants in the economy.

Who Receives Benefits If Regulation Works According to Social Interest