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:

Impulse Control

The ability to resist or delay an impulse, urge, or temptation to act, contributing to emotional and behavioral regulation.

Optimism

A mental attitude characterized by hope and confidence in success and positive outcomes.

Independence

The state or quality of being self-sufficient and not reliant on others for decision-making or support.

Emotional Self-awareness

The capability of recognizing and understanding one's own emotions, which is a key component of emotional intelligence.