Describe the laws of economics


When the topic of regulation of industries and businesses comes up, many private companies feel resentful of "Big Brother" looking over their shoulder, or telling them how to run their business.

I'm sure that your industry business is regulated from several levels, both state and federal. Do you feel that such regulation is warranted, or do you think government ought to step back, and let the companies/industries regulate themselves by the laws of economics and ethical consequences?Where do you feel the government is too intrusive?

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Business Law and Ethics: Describe the laws of economics
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