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Harvey is a licensed social worker.He has been providing service to Sally, his client, for several months during which she has displayed criminal tendencies.During a session with Sally, she admitted that she has planned to harm one of her acquaintances.Harvey reports this to the police and to the targeted person.This scenario illustrates the _____.
Deregulate
The process of removing or reducing government regulations or restrictions in an industry to allow for more freedom and competition.
Natural Monopoly
An industry in which economies of scale are so great that a single firm can produce the industry’s product at a lower average total cost than would be possible if more than one firm produced the product.
Horizontal Market
A market that appeals to a wide range of consumers across different industries or sectors.
Contestable Market
A market with no barriers to entry or exit, where a company's prices and output are constrained by the threat of new entrants or competition rather than by existing competitors alone.
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