Which type of regulation applies to all firms in the economy, as ...

[abarnes]

Which type of regulation applies to all firms in the economy, as opposed to only covering specific industries?
 
  A) economic regulation
  B) social regulation
  C) rate regulation
  D) statutory regulation

Question 2

Monopolistic competition is characterized by
 
  A) relative ease of entry into the market.
  B) a standard, undifferentiated product.
  C) persistent long-run economic profits.
  D) production at minimum average cost in the long run.

[ecox1012]

Answer to Question 1

B

Answer to Question 2

A

[abarnes]

Great answer, keep it coming

[triiciiaa]

Thanks for the timely response, appreciate it