Controlling or influencing market variables is the main purpose of

Name: Controlling or influencing market variables is the main purpose of
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Economic regulations are put in place by government authorities to control or influence market variables such as prices, competition, and industry behavior. Non-regulatory acts of government, social regulations, and industrial policy are not primarily focused on controlling or influencing market variables.

Controlling or Influencing Market Variables Is the Main Purpose of