In theory,the regulation of the economy and the business enterprise system should be done by the forces or influences of the marketplace.In practice this is not the way it works,and a mechanism is required to:
A)control monopoly and oligopoly powers
B)increase efficiency in production
C)control the transfer of income from consumers to producers
D)All of the above
E)None of the above

Question

Quizplus · Accepted Answer

All of the above options listed are reasons why a mechanism is required to regulate the economy and the business enterprise system. Monopoly and oligopoly powers can lead to unfair pricing and lack of competition, which is not in the best interest of consumers. Increasing efficiency in production can lead to lower costs for both producers and consumers. The transfer of income from consumers to producers needs to be regulated to ensure fair pricing and distribution of resources.

In Theory,the Regulation of the Economy and the Business Enterprise