In Cost-Benefit Analysis,regulatory Intervention Can Be Justified If the

question 137

Multiple Choice

In cost-benefit analysis,regulatory intervention can be justified if the

• A)Marginal benefit of regulation exceeds its marginal cost.
• B)Economic cost of regulation exceeds the value of the improvements in government intervention.
• C)Value of government failure exceeds the value of market failure.
• D)Intervention improves market outcomes,regardless of costs.

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Definitions:

Hard-to-classify Child

A child whose behavior, needs, or characteristics do not neatly fit into conventional categories or expectations.

Slow-to-warm-up

Refers to a temperament observed in some children who tend to be cautious and less adaptive in new situations but gradually become more comfortable with time.

Responsiveness

The quality of reacting quickly and positively to changes or stimuli.

Still-face Technique

A research experiment where a caregiver maintains a neutral, unresponsive face towards an infant, observing the child's response to the lack of social engagement.