Wgu d080 exam study guide - Study guides, Class notes & Summaries

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WGU D080 Final Exam 2023-2024 - Study Guide Questions (GLOBAL) Correct Answers(SCORED A+)
  • WGU D080 Final Exam 2023-2024 - Study Guide Questions (GLOBAL) Correct Answers(SCORED A+)

  • Exam (elaborations) • 26 pages • 2023
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  • How do monopolies hurt consumers? - ANSWER - lack of economic competition, corporations have the ability to raise the market price without losing customers to competition. _________________ are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. - ANSWER - anti-trust laws A farmers market has many vendors and consumers who all sell and buy the same produce at the same price. Which type of market is represented? - ANSWER - P...
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WGU D080 Final Exam 2023-2024 - Study Guide Questions (GLOBAL) & 100% Correct Answers(SCORED A)
  • WGU D080 Final Exam 2023-2024 - Study Guide Questions (GLOBAL) & 100% Correct Answers(SCORED A)

  • Exam (elaborations) • 26 pages • 2023
  • How do monopolies hurt consumers? - ANSWER - lack of economic competition, corporations have the ability to raise the market price without losing customers to competition. _________________ are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. - ANSWER - anti-trust laws ? - ANSWER - Pure competition A sole, national telephone company was found violating antitrust laws and was forced to separate into regional companies. W...
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