Which explains why government regulation is necessary for a mixed-market economy?

a) Government regulation protects constitutional rights, safety, and fairness.

b) Government regulation protects property rights, safety, and profits.

c) Government regulation protects constitutional rights, profits, and fairness.

d) Government regulation protects property rights, safety, and business owners

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Reid WolffLv2

14 Apr 2020

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5. The task of economic regulation is to

a. protect monopoly profits.

b. approximate the results of the competitive market.

c. replace competition with government ownership and control.

d. ensure laissez-faire.

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