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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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9 years ago
Government actions to compel more competition in an industry
A) always entail costs, which must be compared to any gains created by the policy.
B) always have the effect of lowering prices to consumers.
C) cannot benefit anyone if they result in greater inefficiency.
D) will result in lower prices but cannot bring about a larger output.
E) will not succeed because competition, like morality, cannot be legislated.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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9 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
8 years ago
My pleasure Happy Dummy
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