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Lelechka [254]
1 year ago
3

What role does government regulation serve ?.

Law
1 answer:
fgiga [73]1 year ago
3 0

Government regulation of business makes use of the state's coercive authority to change business decisions regarding pricing, entry, production, investment, and product selection. The consequences of economic regulation of price and entrance as well as environmental, health, safety, and information regulation are extensively examined in the empirical literature.

Government regulations

Government laws play a critical role in ensuring a secure, equitable economy for consumers and small companies by shielding them from being drained by influential firms and unethical business practices. Through fair and regulated methods, these restrictions guarantee that firms manufacture only safe, certified items, protecting customers from harm and preventing them from easily out-competing small enterprises.  Government regulation is the basis of a just and competitive economy when done correctly.

To know more about Government visit:

brainly.com/question/1078669

#SPJ4

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