Questions: Some countries regulate how much organizations can charge for certain goods and services. These regulations are:
trademark laws.
price floors and ceilings.
privacy laws.
licensing laws.
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Transcript text: Some countries regulate how much organizations can charge for certain goods and services. These regulations are:
trademark laws.
price floors and ceilings.
privacy laws.
licensing laws.
Next
- Previous
Solution
The answer is: price floors and ceilings.
Explanation for each option:
Trademark laws: These laws are designed to protect brand names, logos, and other identifiers from being used without permission. They do not regulate the prices of goods and services.
Price floors and ceilings: These are government-imposed limits on how low or high a price can be charged for a product. A price floor sets a minimum price, while a price ceiling sets a maximum price. These regulations are directly related to controlling the prices of goods and services.
Privacy laws: These laws are intended to protect individuals' personal information and data from being misused. They do not pertain to the pricing of goods and services.
Licensing laws: These laws require individuals or businesses to obtain a license to operate in certain industries or professions. While they regulate who can provide certain goods or services, they do not directly control the prices charged for them.