Economics 9708 · AS & A Level · Maximum and minimum prices

Maximum and minimum prices — practice question

A government in Southern Africa was uneasy about the market power of a large producer and wanted to assume control of the company. What could be the outcome of this?

  • Aan increase in the role of the market
  • Ban increase in public ownership
  • Can increase in the role of the consumer
  • Dan increase in the amount of competition

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