Economic regulation is government policy designed to
a. improve health and safety in products and in working conditions
b. prevent firms from monopolizing or developing a cartel in existing competitive markets
c. eliminate existing monopolies by breaking them apart into many smaller firms
d. create monopolies by forcing competitive firms to merge
e. control price and output in industries where monopoly is desirable
E
Economics
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Over a given period, economic depreciation is the change in capital equipment's
A) output. B) market value. C) rate of return. D) cost of maintenance.
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Earnings differentials cannot be explained at all by differences in productivity
a. True b. False Indicate whether the statement is true or false
Economics