1. Imagine that there are currently three major cell phone service providers available in the United States. The largest one has enough money to buy out the other two companies and make one giant company. What is MOST likely to happen if the largest company attempts to buy out the other two companies? OSHA will step in and make sure that this merger is not approved. Customers will have more choice in their service provider. The government will approve this monopoly. The new, large company can control all prices and services provided.
Eh I think C!!!
@Pixel is who u need
He a smarty pants
pix, fix her issue
Let him think
i would say D, because they can buy out the company, and still let them run separately, and the government never really steps in to these kind of things.
Good boy :)
Its kinda like the Sprint and T-Mobile merge
Thank you so much! All of you! :)
A market economy has several benefits, but it also has some drawbacks. What is one negative effect a market economy can produce? Goods and services are only produced for uses planned by the government. It creates extreme divisions between the wealthy and the poor. It lets many workers choose where they want to be employed. The lack of competition means that consumers have fewer choices.
make a new post for separate questions please
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