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Question
which situation is the best example of regulation in an economic system? a retail business just opened a new store in a community close to its original location a small clothing shop slashed it prices to attract customers from a larger department store nearby a farmers market has offered a special deal to customers from a nearby yoga school a state agency has been created to monitor the production and distribution of sports drinks
Regulation involves government - like entities overseeing economic activities. A state agency monitoring production and distribution is regulation.
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A state agency has been created to monitor the production and distribution of sports drinks.