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In Recent Years, the Federal Trade Commission Has Investigated the Airline

Question 16

Multiple Choice

In recent years, the Federal Trade Commission has investigated the airline industry on charges of price fixing.This involves the government in:


A) protecting the consumer against external costs of production.
B) providing a public good for society.
C) smoothing the effects of the business cycle over time.
D) protecting the consumer against unfair monopoly practices.
E) protecting the supplier against consumer misinformation about pricing policies.

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