Business Studies, asked by esmatfahmidamitu, 4 months ago

how theories of Regulation can be applied to accounting practice to protect the consumer interest

Answers

Answered by khushi38223

Answer:

Public Interest Theory is a part of welfare economics and emphasizes that regulation should maximize social welfare and that regulation is the result of a cost/benefit analysis done to determine if the cost to improve the operation of the market outweighs the amount of increased social welfare.

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