Economics 0455 · IGCSE · The role of government

The role of government — practice question

At times, the government controls the market in order to safeguard consumers' interests. Which type of regulation would provide this protection?

  • Adiscouraging economies of scale that lead to lower costs
  • Bpreventing mergers which result in high monopoly prices
  • Creducing shop opening hours
  • Dreducing the range of products supplied to the market

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