In Which Situation Would Regulation Be MOST Likely to Be

question 2

Multiple Choice

In which situation would regulation be MOST likely to be effective?

• A) Industry standards allow different networks to coexist.
• B) Several large network firms share the market.
• C) Entry into the market is relatively free of major barriers.
• D) A dominant network firm can prevent interconnection with smaller firms.

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Definitions:

Ambiguity

The quality of being open to more than one interpretation; lack of definitiveness or clarity.

Synonymy

The attribute of two or more words having the same or nearly the same meaning.

Infinite Combinations

The concept that elements can be combined in limitless ways to create new ideas or solutions.

Productive

Referring to the ability to generate or create new ideas, objects, or processes that are useful or valued.