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Competition And Free Enterprise Quiz
the creation of fuel-efficiency standards for cars
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Which is an example of regulation in the automobile industry?
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Which situation is the best example of competition in an economic system?
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What are aspects of a free-enterprise system? Check all that apply.
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What is one downside to competition in a free-enterprise system?
A small CD store slashed its prices to attract customers from a larger store that sells CDs and DVDs.
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Why does the US government create regulatory agencies? Check all that apply.
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Which is an example of regulation in the automobile industry?
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What are aspects of a free-enterprise system? Check all that apply.
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Which situation is the best example of competition in an economic system?
create goods that draw consumer attention.
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What is regulation in an economic system?
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Which is an example of regulation in the automobile industry?
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What is one downside to competition in a free-enterprise system?
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Innovation allows producers to
how much to charge.
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What is regulation in an economic system?
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In a free-enterprise system, consumers decide
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Which group creates regulations in mixed-market economies?
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In a free-enterprise system, producers decide
-to create fair competition between producers-to protect consumers' health and safety-to prevent the formation of monopolies
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Which situation is the best example of competition in an economic system?
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Which is an example of regulation in the automobile industry?
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What are aspects of a free-enterprise system? Check all that apply.
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Why does the US government create regulatory agencies? Check all that apply.
which services to buy.
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Which group creates regulations in mixed-market economies?
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What is one downside to competition in a free-enterprise system?
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In a free-enterprise system, consumers decide
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In a free-enterprise system, producers decide
governments
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Which group creates regulations in mixed-market economies?
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In a free-enterprise system, consumers decide
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In a free-enterprise system, producers decide
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Which is an example of regulation in the automobile industry?
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