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arsen [322]
4 years ago
8

Which statement explains how regulations on prices affect business practices?

Business
2 answers:
Igoryamba4 years ago
8 0

Government regulations shape the business’ structure and conduct in its industry and price regulation impact the business’s profits.

The following statement explains how regulations on prices affect business practices:   Regulations keep prices fair and prevent businesses from establishing monopolies. This is the main goal of the regulations. Without them  each company will have no restrictions in defining the prices.

EleoNora [17]4 years ago
3 0
The answer is A) Regulations keep prices fair and prevent businesses from establishing monopolies.
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