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Which step in the rational approach immediately follows developing alternative solutions?
Social Regulation
Government-imposed rules aimed at correcting market failures related to public health, safety, the environment, and social welfare.
Industrial Regulation
A form of government intervention aimed at regulating business practices and market forces within specific industries to ensure fair competition and protect consumers.
Industrial Regulation
The government rules and regulations designed to control the behavior of firms within an industry to protect public interest.
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