Question

Which are results of regulation in a mixed-market economy? Check all that apply.

Answer 1

This type of economy allows prices to be determined by the laws of supply and demand in the free market, and motivates producers to be competitive and offer quality products. A mixed economy also ensures that the government intervention can help control externalities with regulations, laws and taxes.

Answer 2

This type of economy allows prices to be determined by the laws of supply and demand in the free market, and motivates producers to be competitive and offer quality products. A mixed economy also ensures that the government intervention can help control externalities with regulations, laws and taxes.