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Q: What role do you think the government plays in protecting consumers competition and markets?
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In order to maintain competition in the economy the government?

Intervenes in markets where there is a concentration of power


Why does the government believe it has the right to intervene in markets to promote competition?

think about it haha


2. Compare and contrast competition in traditional markets with that in digital markets.?

Compare and contrast competition in traditional markets with that in digital markets?


2 Compare and contrast competition in traditional markets with that in digital markets?

Compare and contrast competition in traditional markets with that in digital markets?


What happens when markets don't have enough competition?

1. What happens when markets do not have enough competition?


Why would the government interfere with price mechanism?

Government intervention in the market mostly the incentives that consumers and producers have can be changed by government intervention in markets. For example a change in relative prices brought about by the introduction of government subsidies and taxation. sdm matelo


When studying individual markets or consumers?

When you study individual markets or consumers, this is known as thermodynamics. This evaluates the market scope and trends and is useful for making critical decision for the business.


When you study individual markets or consumers?

When you study individual markets or consumers, this is known as thermodynamics. This evaluates the market scope and trends and is useful for making critical decision for the business.


What is the motivating force behind the free markets?

Competition


Which of the following markets is an example of monopolistic competition?

bookbags


What are the benefits of commodity future trading?

The main benefit of commodity future trading is that it will help balance out supply and demand. It will also add a little competition to the markets which will in turn help the consumers get a better price for goods.


What is the coverage of micro economics?

To do with individual consumers, markets and firms.