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

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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
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