Government regulation of monopolized industries can cause changes in firms':

Question

Quizplus · Accepted Answer

Government regulation of monopolized industries can affect firms in various ways. Output prices can be affected through price controls or setting maximum prices. Production costs can be influenced through regulations on the use of certain production methods or inputs. The level of output can be affected through production quotas or restrictions on market entry. Lastly, access to markets can be impacted through regulations on mergers, acquisitions, or other anti-competitive behavior. Therefore, all of the above options are likely to be affected by government regulation of monopolized industries.

Government Regulation of Monopolized Industries Can Cause Changes in Firms