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Regulation

Published on Nov 22, 2015

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1.

REGULATION

BY: ASHLY FLORES & RICARDO ARIAS
2.

Government intervention in a market that affects the price, quantity, or quality of good.

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3.

Example: The pollution of the cars were harming the environment.New cars has to use lead-free fuel because scientist linked health problems to lead in gasoline.

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4.

Example continues: Regulation such as there increased the cost of manufacturing cars and reduce the supply, and also supply curve shifted to the left.

5.

Regulation can affect by decreasing the goods

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Ashly Lagos