Question

medals!

What is an essential government role in market economies?

to control prices and costs

to prevent monopolies and collusion

to provide luxury items

to market goods and services

Answer 1

What do you think it is?

Answer 2

A, B, or D

Answer 3

why not C...?

Answer 4

Why would you say D?

Answer 5

@paki Not everyone can afford luxury items. and @Joel_the_boss for them to get money

Answer 6

hmmm... have a look ...

https://ekspoze.wordpress.com/2010/10/05/role-of-government-in-a-free-market-economy/

Answer 7

The government makes it money off taxes not that, and why would you say A ?

Answer 8

@paki it wont let me see that link.

Answer 9

It was a guess. Im not sure

Answer 10

@SavannahPaige18 Answer would be B. They prevent monopoly's, they don't want one company to own the market so they set rules to prevent that.

Answer 11

rite... i will click on A here... what you guys say?

Answer 12

A or B?

Answer 13

A

Answer 14

They don't control prices on anything

Answer 15

they control tax right?

Answer 16

they do

Answer 17

exactly not prices that leaves you with B.

@paki what prices do they control?

Its B, a monopoly is when one business buys a lot of other ones so that they san control the market. Apple is got filled for a monopoly and they are getting sued. The government noticed them buying like 50% of the name brand electronic products so they took action.

Answer 18

have a look please...

http://en.wikipedia.org/wiki/Market_economy

Answer 19

regarding investment, production, and distribution are based on supply and demand,[1] and prices of goods and services are determined in a free price system

@paki lol read that, you proved I was right >:D

Answer 20

Okay ill prob miss that one. next...