Which of the three types of government policiesantitrust, social regulation, or economic regulationis the basis for each
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Which of the three types of government policies—antitrust, social regulation, or economic regulation—is the basis for each of the following? Which market failure would provide a theoretical basis for the government policy?
a. Beautician education standards
b. Certified Public Accounting requirements
c. Liquor licensing
d. The Clean Air Act
e. The Nutrition and Labeling Act
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