Which policy would be in the best interests of consumers?

Question

a.increasing tariffs
b.decreasing minimum wage
c.breaking up large companies to increase competition
d.changing loan interest rates to encourage saving rather than borrowing

Answer 1

c. breaking up large companies to increase competition

This policy would likely benefit consumers as it would lead to increased competition in the marketplace. Breaking up large companies can help prevent monopolistic practices, lower prices, and provide consumers with more options and choices. This increased competition can lead to better products, lower prices, improved customer service, and greater innovation.