1732 W P Question 4 5 pts The purpose of the regulations is
17:32 W P Question 4 5 pts The purpose of the regulations is to keep the market place fair so competition will flourish. O True O False Question 5 5 pts One example in the video was the Railroad monopolies were keeping prices high so farmers could not make a profit when shipping goods. O True O False No new data to save. Last checked at 5:32pm Submit Qui uestions Question 1 Question 2 Question 3 Question 4 Question5
Solution
4) The correct choice is True
Explanation:- Regulations are meant to keep unfair trade practices out of the market which results in fair competitive practices in the market.
5) The correct choice is false
Explanation:- Railroads are monopolies that keep high prices so that railroad earn high profits by rasing the prices of its services above competitive levels.
