Question

which situation is the best example of regulation in an economic system?
a retail business just opened a new store in a community close to its original location.
a small clothing shop slashed it prices to attract customers from a larger department store nearby.
a farmers market has offered a special deal to customers from a nearby yoga school.
a state agency has been created to monitor the production and distribution of sports drinks.

Explanation:

Regulation in an economic system involves government or state - level oversight. The first three options (a retail business opening a new store, a small clothing shop slashing prices, a farmers' market offering a special deal) are private - sector business decisions. The last option, where a state agency is created to monitor production and distribution, is a form of state - level regulation.

Answer:

A state agency has been created to monitor the production and distribution of sports drinks.