How does social regulation differ from industrial regulation? What types of benefits and costs are associated with social regulation?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
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Problem 19RQ: What are the three problems that economists have noted with regard to command-and-control...
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c. How does social regulation differ from industrial regulation? What types of benefits and costs are associated with social regulation?

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