Laws Are Passed to Define and Prevent Unfair Competition Primarily

question 112

Multiple Choice

Laws are passed to define and prevent unfair competition primarily because ________.

• A) business executives tend to favor pure monopolies
• B) businesses sometimes try to neutralize threatening firms
• C) governments in free market economies tend to nationalize ailing firms
• D) private lobbying hurts the interests of national and state governments
• E) most multinational entities in advanced economies are averse to invest in emerging markets

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Definitions:

Whooping Cranes

A large North American bird species known for its distinctive whooping sound and for being an endangered species.

Habitat Loss

The process in which natural habitats are rendered unable to support the species present, leading to the displacement or extinction of its inhabitants.

Egg Collection

The practice of gathering eggs from the wild, often for scientific research, conservation, or as part of a collection hobby.

Carrying Capacity

The largest number of individuals of a species that an environment can support indefinitely, based on the availability of essential resources like food, habitat, and water.