Which of the Following Is Not an Argument for the Regulation

question 20

Multiple Choice

Which of the following is not an argument for the regulation of accounting information by pro-regulation proponents?

• A) Regulation is needed because it is difficult to make 'free riders' pay for its production.
• B) Regulation is needed to prevent wasteful over-supply, because users will overstate their need for information if they do not have to pay for it.
• C) Regulation is needed to correct market failure and under-supply due to the reluctance of producers of information to charge 'free riders' for it.
• D) Regulation is needed because the price system cannot function properly if it is not possible to exclude non-purchasers from consuming the good.

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Definitions:

FMLA

The Family and Medical Leave Act is a U.S. federal law granting eligible employees unpaid, job-protected leave for family and medical reasons.

Similar Job

Employment positions that are alike in duties, responsibilities, and are often in the same industry or field.

Proper Notice

A legal requirement to inform someone of a decision or action, usually within a specific timeframe and through an acceptable method of communication.

Informational Picketing

Picketing designed to truthfully inform the public of a labor dispute between an employer and the employees.