Question

FAN AND MEDAL
Imagine that you have opened a factory. You have decided to produce bicycles. You can produce as many bicycles as you would like, but government regulations prevent you from charging more than $200 for your bicycles, in order to protect competition in the marketplace. Which statement correctly names this type of economy and explains its democratic benefit?

Answer 1

?

A market economy protects the rights of the individual over what is best for corporations.
A market economy limits what companies can do or sell and keeps individual rights intact.
A mixed economy offers some protection for consumer rights but still allows a good deal of choice.
A mixed economy allows free competition to determine how best to treat consumers without limiting corporations.

Answer 2

@rayne612 @TheWaffleBRO

Answer 3

i would say C

Answer 4

C or 3 :)

Answer 5

thanks to both of u :)

Answer 6

np :)

Answer 7

No problem! Glad I could help :)