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From course:

Economics A Level (DONEEEEEEE)

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Question:

What Police’s could the Government do to Encourage Competition in a Market

Author: eric_galvao



Answer:

-Encourage Enterprises with Advise and Subsidies -Produce better Consumer Knowledge leading to Well-Informed Choices -More Consumer Choice & Competition in Public Sectors ie Internal Markets (Different parts of the same Organisation compete against each other) -Privatise & Deregulate Big Monopolistic Nationalised Firms -Reduce Incentive to Merge and Take-over (Reducing Competition that does) -More International Competition ie Joining EU which is a Single Market


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