Advocates of Deregulation Are Primarily Concerned with

question 11

Multiple Choice

Advocates of deregulation are primarily concerned with

• A)efficiency.
• B)equity.
• C)externalities.
• D)public safety.
• E)political expediency.

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Definitions:

Efficiency

The ability to accomplish a task or produce a desired outcome with minimum waste of time, resources, or effort.

Available Resources

The total assets, financial, human, or material, that are currently accessible for use in achieving goals or completing projects.

Output

Output refers to the goods or services produced by a business, system, or process within a given period.

Role Conflict

A situation in which there are contradictory expectations associated with a single role or multiple roles being performed by an individual.