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How government regulate a monopoly in order to achieve allocative efficiency?
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How did the progressives feel about the government?
Government should regulate business to eliminate corruption and improve efficiency.
What are some government regulations related to a clothing store?
They regulate a company from becoming a monopoly. They will also regulate who the company can serve and who they can hire.
What does the government do to regulate business?
They invented the "Monopoly" system so Business would not be so overpowered
One option available to regulate a monopoly is?
In certain cases, the government might have to intervene by imposing fines or otherwise regulate the business. In the case of public goods, the government might actually have to be the producer of certain desirable, yet unprofitable goods and services.
What prevents a pure monopoly from occurring?
Monopolies are usually bad for society so governments either nationalise them or regulate them.
Why Government officials tried but failed to regulate the railroads?
The government was shutdown
What extent does china's government control and regulate the economy?
The Chinese Government has the power to totaly regulate the economy of China However no government has ever been able to controll an economy.
What organizations regulate cloning?
That is regulated by the government.
What was not something a state government can regulate?
immigration!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Which of these tools does the government use to regulate?
policy
What government branch regulate commerce?
Legislative
How does the government effect the food industry?
They regulate it extensively.
