Ask Question
BusinessBusiness
15 March, 04:08

What is an essential government role in market economies select one of the options below as your answer:

a. to control prices and costs

b. to prevent monopolies and collusion

c. to provide luxury items

d. to market goods and services

+2
Answers (1)
  1. 15 March, 04:57
    0
    The correct answer to this question is letter "b. to prevent monopolies and collusion." An essential government role in market economies is to prevent monopolies and collusion. If it happens that there is monopoly and collision, then it will be a big problem to consumer.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is an essential government role in market economies select one of the options below as your answer: a. to control prices and costs b. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Brandon, an analyst at Agency A, rents a car at $40 per day. Due to a rental company discount, if a car is rented for 4 or more consecutive days, the customer gets the last day free and pays only $30 per day for the other days.
Answers (1)
Who is responsible for collecting revenue for the state and county?
Answers (1)
AT the beginning of the day stock XYZ opened at $6.25. At the end of the day it closed at $5.95. What was the rate of change of stock XYZ
Answers (2)
A production method that relies on large quantities of machines and equipment and smaller quantities of labor is referred to as a: a) variable-input-intensive method of production. b) labor-intensive method of production.
Answers (1)
When a company is using double-entry accounting, what elements of a given ledger must be equal?
Answers (1)
New Questions in Business
Henderson's is an all-equity firm that has 135,000 shares of stock outstanding. Neal, the financial vice-president, is considering borrowing $220,000 at 7.25 percent interest to repurchase 20,000 shares.
Answers (1)
What's joint venture?
Answers (1)
Which statement is false? A) Land is the primary factor of production used in the production of all goods and services. B) An entrepreneur combines all the factors of production. C) Growth in the economy shifts the PPC left.
Answers (1)
A short-run phillips curve shows an inverse relationship between
Answers (1)
Which of the following types of business usually has the fastest inventory turnover? furniture store hardware store store that sells consumer electronics grocery store
Answers (2)
Home » Business » What is an essential government role in market economies select one of the options below as your answer: a. to control prices and costs b. to prevent monopolies and collusion c. to provide luxury items d. to market goods and services
Sign Up Forgot Password?