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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

Victoria Fowler

in Business

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Jeremy Wood on April 30, 2018

The correct answer to this question is the letter "b. to prevent monopolies and collusion." An essential role of governments in market economies is to prevent monopolies and collusion. If it happens that there is a monopoly and a collision, then it will be a big problem for consumers.


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