Question

Reasons for regulation include all of the following EXCEPT:

Group of answer choices

Achieving social goals

Achieving business goals

Controlling monopolies

Controlling negative externalities

Answer 1

Answer:

Achieving business goals

Explanation:

Regulations are often advocated for a spread of reasons, including:

• Market failures - regulation because of unskillfulness. Intervention because of what economists decision market failure.
• To constrain sellers' choices in markets characterised by monopoly
• As a method to implement collective action, so as to produce public merchandise
• To assure adequate info within the market
• To mitigate undesirable externalities
• Collective wishes - regulation regarding collective wishes or thought-about judgments on the a part of a major section of society
• Diverse experiences - regulation with a read of eliminating or enhancing opportunities for the formation of numerous preferences and beliefs
• Social subordination - regulation aimed to extend or scale back social subordination of assorted social teams
• Endogenous preferences - regulation meant to have {an effect on} the event of sure preferences on an mixture level
• Professional conduct - the regulation of members of skilled bodies, either acting beneath statutory or written agreement powers.