Which is a function of regulatory agencies?

encouraging business compliance

creating legislation for businesses

encouraging negative externalities

creating new business opportunities

The answer is A - encouraging business compliance

A. Encouraging business compliance

One major function of regulatory agencies is to ensure that consumers and "average" citizens are protected from things like overpricing, harsh pollutants, and other things that can diminish overall quality of life within a society.

Explanation:

A regulatory agency is a regulatory body that is created by a legislature to execute and enforce specific laws. An agency has quasi-legislative offices, executive functions, and judicial purposes.