Determine Whether the Given Solution Is Correct $\frac { 1 } { 3 } x - \frac { 1 } { 3 } = - 5$

question 80

Multiple Choice

Determine whether the given solution is correct. If it is not, find the solution.
- $\frac { 1 } { 3 } x - \frac { 1 } { 3 } = - 5$

• A) \(x = - 16\)
• B) \(x = 16\)
• C) \(x = 14\)
• D) \(x = - 14\)

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Definitions:

Laissez-Faire Antitrust

An approach to antitrust policy that advocates for minimal government intervention in the market and a greater reliance on market forces.

Dominance of Markets

A situation where one or few entities exert a disproportionate control over the sales, distribution, or characteristics of goods and services in a market.

Industrial Regulation

The imposition of rules by the government on firms and industries to promote competition, control monopoly power, protect consumers, and regulate prices and service quality.