Government Intervention in the Market Is Helpful When

question 271

Multiple Choice

Government intervention in the market is helpful when

• A) consumers are free to buy from many different firms.
• B) consumers are forced to buy from just one firm.
• C) business firms face increasing competition from new entrants into the market.
• D) business firms always use the cleanest technologies available to mitigate pollution.

---

Definitions:

Biological Perspective

An approach in psychology and neuroscience that seeks to understand human behavior, thoughts, and emotions in terms of biological processes, including genetics, biochemistry, anatomy, and physiology.

Abnormal Behavior

involves patterns of action, thoughts, or emotions considered atypical or significantly deviant from societal norms.

Physical Cause

An underlying bodily reason or factor contributing to a physical condition or phenomenon.

Psychiatrist

A mental health professional who is a medical doctor.