Question

Which of the following is an explanation of the share-the-gains share-the-pains theory?

A. People who have been in an industry are most likely to be asked to be regulators of the 11.
B. Regulators who are interested in keeping their jobs must please both the industry and co.
C. When products have too many warning labels, consumers may not read any of them.
D. In some markets, sellers have more information about products than buyers.

Answer 1

B. Regulators who are interested in keeping their jobs must please both the industry and co.

Step-by-step explanation:

The share-the-gains, share-the-pains theory is one that states that holds that organizations/firms must take into consideration the demands of legislators (regulators), firms in the regulated industry and consumers of the regulated products.

Therefore, in share-the-gains, share-the-pains theory, regulators who are interested in keeping their jobs must please both the industry and consumers.

Option B is the correct answer.