The Effectiveness of Regulation Is Sometimes Criticized Because

question 78

Multiple Choice

The effectiveness of regulation is sometimes criticized because

• A) regulators try to please everybody.
• B) of the high profits in regulated industries.
• C) regulators don't know how to regulate industries.
• D) regulators usually have been closely associated with the industries they regulate.

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Definitions:

Calcium Carbonate

A chemical compound with the formula CaCO3, found in rocks such as limestone, and is the main component of shells of marine organisms, snails, and eggs.

Precipitation

Any form of water - liquid or solid - falling from the atmosphere to the Earth's surface, including rain, snow, sleet, and hail.

Evaporation

The process by which water changes from a liquid to a vapor or gas, often driven by heat from the sun.

Caves Collapse

The sudden failure and falling in of a cave's ceiling or walls, often due to natural processes such as erosion or the removal of supporting material.