Government regulation is best applied in cases_____. a. where the mar

Government regulation is best applied in cases_____.

a. where the marginal benefit of the regulation is greater than the cost of the bureaucracy
b. where imposed rules can increase efficiency more than govt. production would
c. where the marginal benefit of regulation improves the cost efficiency of the producers
d. where imposed rules can increase efficiency more than a public/private partnership would

ANSWER

b