Economics: A Contemporary Introduction 9th Edition by William McEachern

Exercise 2

GOVERNMENT REGULATION What three types of government policies are used to alter or control firm behavior? Determine which type of regulation is used for each of the following: a. Preventing a merger that the government believes would lessen competition
B) The activities of the Food and Drug Administration
C) Regulation of fares charged by a municipal bus company
D) Occupational safety and health regulations that affect working conditions