CompuSoft is the dominant computer technology firm in the thriving industry for computer technology, an industry that consists of five firms in total.The price ofCompuSoft's computer technology is above CompuSoft's marginal production costs, and CompuSoft is making profits greater than the profits made by each of its four rivals.First, under thetraditional view of regulation, describe several potential options/solutions for officials wishing to regulate CompuSoft.Second, under the public choice view of regulation, provide an argumentagainst any regulation of CompuSoft.Be sure to some reasons/issues we talked about during the semester in your answer.