One reason government intervenes in the market process is to enhance competition, often referred to as "create a level playing field."

Name: One reason government intervenes in the market process is to enhance competition, often referred to as "create a level playing field."
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Question

Quizplus · Accepted Answer

Government may intervene in the market to ensure fairness and prevent monopolies from dominating the market, thus creating a level playing field for all businesses to compete.

One Reason Government Intervenes in the Market Process Is to Enhance