Question 6 (1 point)
What is regulation in an economic system?
O O OO
Regulation is the placing of limits or restrictions on business activity by producers.
Regulation is the removal of limits or restrictions on business activity by the government.
Regulation is the placing of limits or restrictions on business activity by the government.
Regulation is the removal of limits or restrictions on business activity by producers.
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Question 7 (1 point)
A frozen foods company changes an ingredient to meet a new government standard. This is an example of

Give an example of a situation in which an individual's pursuit of economic self-interest may not benefit but instead harm the rest of society

The technique of getting a commitment from a potential customer and then changing the terms of the agreement is best described as low-balling. cognitive dissonance. reciprocal concession. the foot-in-the-door technique. a half-dozen high school students are going to a concert. chantal wants to wear a new colorful outfit that she just received as a gift, but she assumes that her five friends will all be wearing nothing but black leather. chantal decides to do likewise, and leaves her colorful outfit in the closet. chantal’s behavior is an example of conformity. resistance. reciprocation wariness. idiosyncrasy credits.

How does danae feel about petraeus