Which of the Following Is Most Likely to Be a Negative

question 13

Multiple Choice

Which of the following is most likely to be a negative unintended effect of placing safety caps on medicine containers?

• A) It is now easier for people to open their medicine containers.
• B) People leave their medicine containers open more often,which ends up making it easier for children to get into the medicine.
• C) Fewer people get sick and need medicine.
• D) Medicine prices fall sharply.

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Definitions:

Price-Fixing

An illegal agreement among competitors to set prices at a certain level, rather than allowing them to be determined by the free market.

Legal Cartel Theory

The concept that under specific regulatory frameworks, cartels may operate legally, typically in industries subject to intense regulation for public interest.

Natural Monopolies

Industries where a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale.

Deregulate

The process of removing or reducing government regulations or restrictions in an industry to allow for more freedom and competition.