1. The purpose of antitrust laws is to

A) Support efforts of companies to take over others

B) Discourage competition in certain markets

C) Force similar companies to combine into one

D) Protect competition by preventing monopolies

2. Price controls are

A) Believe to prevent monopolies by stopping a company from setting prices too low or too high

B) Made by governments with a purpose of discouraging competition in the economy

C) Set prices for goods and services that only government-approved business may offer

D) A system of government laws and regulations that control how people run their business

3. A mixed economy is

A) Dependent only on the choice and individuals and businesses

B) A combination of individual choice and government protection

C) Where people produce and trade traditional goods

D) Completely based on government decisions

4. Most nations in the world today have

Question

3 October, 21:15

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Answers (2)

Know the Answer?

Laney Jensen · Answer 1

Question 1 is D

Question 2 is A

Question 3 is B

Newman · Answer 2

1 - D, 2 - A, 3 - B

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