The Principal Objective of Industrial Regulation Is to

question 139

Multiple Choice

The principal objective of industrial regulation is to

• A) increase product safety.
• B) promote improvements in the quality of life.
• C) protect the consuming public from the market power of natural monopolies.
• D) solve problems associated with industry, such as the problems of water and air pollution.

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Definitions:

Least Effective

Refers to methods or strategies that produce the lowest level of desired results or outcomes.

Circular Argument

A logical fallacy in which the conclusion is assumed in one of the premises, offering no real evidence for the argument.

Inadequate Sample

A sample size that is too small to represent the population accurately, leading to unreliable results.

Unmanned Surveillance

The monitoring of areas, activities, or people using automated or remotely controlled equipment, such as drones or cameras.