Which of the following are government policies to control the abuses of imperfect competition?

Question

Quizplus · Accepted Answer

All of the options listed are methods by which governments can intervene to control or mitigate the negative effects of imperfect competition. Taxes can be used to discourage undesirable market behaviors, price controls can prevent monopolies from setting prices too high, regulation can ensure fair competition and protect consumers, and antitrust policies are specifically designed to prevent and break up monopolies and cartels.

Which of the Following Are Government Policies to Control the Abuses