The Public Interest Theory of Regulation

question 211

Multiple Choice

The public interest theory of regulation

• A)says that industries should be regulated to insure quality service at reasonable prices.
• B)says higher costs may not be passed through to consumers.
• C)protects industries from new competition.
• D)guarantees higher rates for natural monopolies.

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Definitions:

Uninvolved Parent

A style of parenting characterized by a lack of responsiveness and communication, where the parent may fulfill basic needs but is generally detached from the child's life.

Authoritative Parenting

a parenting style characterized by high responsiveness and high demands, balancing strict guidelines with emotional support.

Demanding

Requiring much time, attention, effort, or patience.

Responsive

Being quick to react or respond positively or sympathetically to input, feedback, or stimuli.