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.

1 answer

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.