Social Studies, 10.06.2021 18:30 kaliyaht01
The policy makers of Country LT have noticed a steady increase in grain prices over the last several years. The increase in price has caused food prices to rise, resulting in a chain reaction in the economy as consumers purchase less of other goods. After investigating, policy makers found that grain prices are associated with a monopolistic company that is selling grain to food producers. This company has raised their prices to make a larger profit because there is minimal competition within the market.
If you were a policymaker in Country LT, how would you ensure that the ideals of free enterprise are preserved while protecting the citizens of your nation?
Explain your answer in three to four sentences.
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