Which explains why government regulation is necessary in a mixed-market economy? … Government regulation
protects property rights, safety, and profits
. Government regulation protects constitutional rights, profits, and fairness.
What does government regulate producers in a mixed market economy?
In a mixed market economy , the government
regulates business only when necessary
. Financials regulations to make businesses competitive but fair .
Which are results of a regulation in a mixed market economy?
The results of the government regulation in a dual economy or mixed-market economy are;
compliance with laws, whuch are needed to protect the consumers and producers in the market
. Also, advantages for producers and advantages for goverment are associated with the regulation.
Why is government regulation bad?
Regulation
reduces total U.S. employment by at least three million jobs
. Another heavy cost of regulation is reduced employment opportunities for Americans. This toll is not usually apparent, because in most instances regulation merely leads to a slower growth in employment rather than to visible loss in existing jobs.
What are the reasons for government regulations?
Reasons for government regulation of business
The U.S.
government enforces regulations to protect employees’ rights and to preserve the environment
. These regulations also keep businesses accountable for their power and influence in society. Extensive regulations can help or hurt companies.
What are the pros and cons of government regulation?
| Regulation Pros Regulation Cons | Positive overall health effects Administrative costs | Protection of the general public Plenty of controls necessary | Avoidance of monopolies Small companies may be in trouble | Assurance of sufficient tax revenue May hurt competitiveness of firms |
|---|
Is a mixed economy the same as a market economy?
While a
mixed economy combines free market with
central government planning and intervention, a market economy relies purely on the free market (and the rules of supply and demand) to regulate the economy.
What are the two steps a producer can take to gain an absolute advantage quizlet?
What are the two steps a producer can take to gain an absolute advantage?
Produce more goods. Use high-quality resources. Produce more expensive goods.
What happens if regulatory policies for a business are violated?
What happens if regulatory policies for a business are violated?
Fines and sanctions are applied
.
Which most likely explains why the cost and benefits shown by the EPA are higher?
Regulations keep prices fair and prevent businesses from establishing monopolies. … Which most likely explains why the costs and benefits shown by the EPA are higher than the other regulatory agencies?
The EPA legislates and enforces more regulations that reap greater benefits than the other agencies
.
In which situation would government regulation most likely be necessary?
The correct answer to this question is B)
Government regulation protects property rights, safety, and profits
. The statement that explains why government regulation is necessary for a mixed-market economy is “Government regulation protects property rights, safety, and profits.”
What makes enforcing safety standards a challenge for the food and Drug?
Answer Expert Verified
Enforcing safety standards is a challenge for the food and drug administration
because many foods are imported from other countries
, and the FDA must ensure those foods meet the same standards as US goods.
What are the disadvantages of government regulation?
The following are disadvantages to regulation: It creates a huge government bureaucracy that stifles growth. It can create huge monopolies that cause consumers to pay more.
It squashes innovation by over-regulating.
How does government regulation affect the economy?
By
restricting the inputs—capital, labor, technology, and more
—that can be used in the production process, regulation shapes the economy and, by extension, living standards today and in the future. … Executed poorly, regulation can stifle creativity and learning and limit opportunities for all citizens.
What are examples of government regulation?
- Taxes and Financial Regulation. …
- Employee Wage and Hour Rules. …
- Workplace Safety. …
- Discrimination Law. …
- Environmental Protection. …
- And So Much More. …
- Business Registration. …
- Food Establishments.
What is the benefit of regulation?
In a nutshell the benefits of well-designed regulation include:
Technical standards help to utilise faster economies of scale
.
Strengthens competition when it tackles information asymmetries
especially with complex products. Protects consumers even when this means less supernormal profits for businesses with market …
