Government controls of price, output, entry of new firms, and quality of service in industries where monopoly appears desirable are known as

a. antitrust regulation
b. economic regulation
c. social regulation
d. antimerger regulation
e. consumer advocacy regulation

B

Economics

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Which of the following statements is true?

A) Out of two loans, the interest accumulated after the end of a year will be more on the one that is a larger principal. B) Banks are the only financial institutions that lend money and do not accept deposits. C) Out of two loans, the interest accumulated after the end of a year will be more on the one that is a smaller principal. D) Banks are the only financial institutions that do not lend money but accept deposits.

Economics

Based on the data in the table above, what does GDP equal?

A) $8,900 billion B) $10,200 billion C) $9,800 billion D) $10,400 billion E) $10,000 billion

Economics