When are government intervention or government regulations beneficial to consumers? when they impose regulations on businesses that limit profits when they limit consumer choices by regulating goods sold by private firms when they limit the number of businesses permitted to open and sell goods to consumers when they impose safety regulations that determine how bicycle helmets are manufactured
When are government intervention or government regulations beneficial to consumers? when they impose regulations on businesses that limit profits when they limit consumer choices by regulating goods sold by private firms when they limit the number of businesses permitted to open and sell goods to consumers when they impose safety regulations that determine how bicycle helmets are manufactured
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
When are government intervention or government regulations beneficial to consumers?
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when they impose regulations on businesses that limit profits
|
|
when they limit consumer choices by regulating goods sold by private firms
|
|
when they limit the number of businesses permitted to open and sell goods to consumers
|
|
when they impose safety regulations that determine how bicycle helmets are manufactured
|
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