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In Business / College | 2025-07-03

Which statement explains how regulations on prices affect business practices?
A. Regulations keep prices fair and prevent businesses from establishing monopolies.
B. Regulations keep prices low and help businesses to establish monopolies.
C. Regulations keep prices fair and help businesses to establish monopolies.
D. Regulations keep prices low and prevent businesses from establishing monopolies.

Asked by brock4560

Answer (2)

Price regulations help maintain fair pricing and prevent monopolies in the market. They ensure competitive practices that benefit consumers by promoting choices and protecting against price exploitation. Ultimately, such regulations foster a balance between business interests and consumer rights. ;

Answered by GinnyAnswer | 2025-07-03

The correct choice is A: Regulations keep prices fair and prevent businesses from establishing monopolies. These regulations are vital for maintaining competitive pricing in markets and protecting consumers from exploitation. Overall, they foster a balanced environment where multiple businesses can thrive.
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Answered by Anonymous | 2025-07-04

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