Who is the government attempting to by enforcing vendor lock-in laws? a. monopolies b. producers c. consumers d. oligopolies any is apperciated, its on apex. u. s economic pretest unit 5. we need more pretest answers on

By enforcing vendor lock-in laws, the government is attempting to help consumers. The right answer is option C.

A vendor lock-in is the process in economics, when the consumer has no other choice of being dependent to only one product made by only one company/producer. If the consumer finds the same product, but produced by another company, the difference in price is such, that it technically gives no option to the consumer rather than staying with the original company.

Vendor lock-in markets may turn in monopolies, and therefore the number one victim of them is going to be the consumer.

we need a diagram to you sorry

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.