Which of the Following Arguments Supports the View That Regulation

question 12

Multiple Choice

Which of the following arguments supports the view that regulation is not necessary,particularly to the extent that it currently exists?

• A) Accounting information is like any other good and people will be prepared to pay for it to the extent that it has use
• B) Markets for information are not efficient and therefore produce a sub optimum amount of information, given the problem of "free riders"
• C) Investors need protection from fraudulent organisations that may produce misleading information
• D) Information asymmetry exists because not everyone has the same power over resources to obtain the information they need

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Definitions:

Male

Referring to the sex that produces small, mobile gametes, typically associated with physiological and genetic characteristics distinct from the female.

Average

A statistical measure that represents the central tendency or typical value of a set of numbers, calculated by dividing the sum of the values by their number.

Oxygen Dissociation Curve

A graph displaying the relationship between the saturation of hemoglobin with oxygen and the partial pressure of oxygen in the blood.

Percent Saturation

A measure of the degree to which a substance is saturated, expressed as a percentage of the maximum possible saturation under given conditions.