21 22 23 24 25 time remaining 01: 37: 34 which statement explains how regulations on prices affect business practices?
a. regulations keep prices fair and prevent businesses from establishing monopolies.
b. regulations keep prices low and businesses to establish monopolies.
c. regulations keep prices fair and businesses to establish monopolies.
d. regulations keep prices low and prevent businesses from establishing monopolies.

a.Regulations keep prices fair and prevent businesses from establishing monopolies. 

Explanation:

Price regulation is the setting of either a minimum or maximum price for certain goods and services by the government or an agency of the government.

Price regulation is carried out to ensure prices are fair to both producers and consumers.

Regulations keep prices fair and prevent businesses from establishing monopolies ( A )

Explanation:

Regulations on prices of goods and services are used to ensure that products been sold or consumed by citizens are affordable and the prices are fair to both the producer/sellers and the consumers.

During regulation of prices by Government a maximum and minimum price is set on the goods and service in the market although price regulation doesn't set a fixed price for any product but can set a price range in which the product based on other market factors like demand and supply levels of the product. this regulation helps to eliminate Business Monopolies by certain group of producers who tend to set their own prices once they have monopolized the market.

the answerr would be 1