Question
What effect does minimal government regulation and interference with the market have on business?(1 point)
Responses
Businesses are unable to stay competitive in the marketplace.
Businesses are unable to stay competitive in the marketplace.
Businesses are forced to react to price signals from supply but not demand.
Businesses are forced to react to price signals from supply but not demand.
Businesses do not need to react to price signals from supply and demand.
Businesses do not need to react to price signals from supply and demand.
Businesses are forced to react to price signals from supply and demand.
Responses
Businesses are unable to stay competitive in the marketplace.
Businesses are unable to stay competitive in the marketplace.
Businesses are forced to react to price signals from supply but not demand.
Businesses are forced to react to price signals from supply but not demand.
Businesses do not need to react to price signals from supply and demand.
Businesses do not need to react to price signals from supply and demand.
Businesses are forced to react to price signals from supply and demand.
Answers
GPT-4o mini
The correct response is:
**Businesses are forced to react to price signals from supply and demand.**
Minimal government regulation typically allows for more market-driven responses, where businesses adapt their strategies based on the prices determined by supply and demand dynamics.
**Businesses are forced to react to price signals from supply and demand.**
Minimal government regulation typically allows for more market-driven responses, where businesses adapt their strategies based on the prices determined by supply and demand dynamics.