4.3 Government Regulation and Assistance

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6 questions
1

A ________ ________ is an organization that supplies a service or product vital to all people.

1

A monopoly exists when a business has control of the market. The following is an example of a monopoly.

1

Antitrust laws prevent unfair business practices. Which of the following would be considered as an unfair business practice?

1

Types of taxes paid based on a person's income.

1

This tax is based on the value land and building.

1

Jerry went to the store to buy a baseball bat for $85.00. This store is required to charge Jerry _____ _____ at a 6.25% rate. His total purchase is now $90.31. The seller is required to send $5.31 to the state.